Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Participants from South Korea, Spain, Austria and

Hannover, Germany, January 25, 2006--The major prizes of Contractworld award 2006 were presented to participants from South Korea, Spain, Austria and Germany on Saturday, 14 January, during a special ceremony held in Hannover.

Centex 3Q Earnings Up 30%

Dallas, TX, January 25, 2006-- Home builder Centex Corp., said fiscal third-quarter profit leapt 30 percent as its houses fetched higher prices on the market, and the company kept costs under control.

Lear Posts Major 4Q Loss After Charges

Southfield, MI, January 25, 2006--Lear Corp., reported a steep fourth-quarter loss as the automotive components maker racked up more than $400 million of impairment and restructuring charges.

EU Acts to Reclaim State Aid to Beaulieu Group

Brussels, Belgium, January 25, 2006--The European Commission said Wednesday it was taking Italy and Belgium to court for failing to obey orders to reclaim illegal state aid, including Belgium's payments to Beaulieu Group.

Commerce Secretary Sees GDP Growth at 3.5%

Warsaw, Poland, January 24, 2006--Commerce Secretary Carlos Gutierrez told a meeting with U.S. investors during his visit to Poland, the U.S. economy should keep on growing at around 3.5 percent.

Kronotex Protects Its Sellers from Lawsuits

Barnwell, S.C., January, 2006--KronoGroup Switzerland, parent of Kronotex USA, announced a unique licensing agreement with the holders of patents for glueless, click installation, shielding Kronotex customers from patent-infringement lawsuits.

Chain Store Sales Up Last Week

New York, January 24, 2006--Chain store sales edged higher in the latest week, possibly because of gift card redemptions, according to a report on Tuesday.

Rockland Recalls 50 Employees

Monon, IN, January 24, 2006--Rockland Flooring is issuing recall notices to employees who were laid off last October, when production orders shrank.

Spector: Senate Asbestos Bill Debate Set for Febru

Washington, DC, January 24, 2006--Senate floor debate on a bill to create a $140 billion fund to compensate asbestos victims will begin on Feb. 6, Senate Judiciary Committee Chairman Arlen Specter said on Tuesday.