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.

Feltex in Merger Talks with Godfrey Hirst

Wellington, New Zealand, July 6--Feltex Carpets Ltd., New Zealand's biggest carpet maker, said it had spoken with Australian rival Godfrey Hirst about a possible tie-up between the two groups but did not indicate whether it would back such a move.

Chain Store Sales Up 0.5% Last Week

New York, NY, July 6--Retail chain store sales increased 0.5% last week after falling 0.6% the prior week, according to the International Council of Shopping Centers.

Job Cuts Up in June

New York, July 6--Job cuts jumped 35 percent in June, with the number of layoff announcements pushing the monthly total to its highest level since January of last year, an employment firm said Wednesday.

Factory Orders Up in May

Washington, DC, July 6—Factory orders rose 2.9 percent in May for the largest gain in 14 months, according to the Commerce Department.

Non-Manufacturing Activity Up in June

Tempe, AZ, July 6--Business activity in the non-manufacturing sector increased in June 2005, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business.

Partnership Developing Equipment to Process Carpet

Bolingbrook, IL, Tampa, FL, July 7--Prater-Sterling’s Systems Division and EarthFirst Technologies jointly announced that the Companies have partnered to develop specialized equipment that will allow carpet waste to be processed more efficiently.