Today's Flooring News

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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.

Edge Flooring Sold

Dallas, TX, October 5, 2005--Edge Flooring LLC, a company sponsored by Hunt Special Situations Group, L.P., announced today it has completed the acquisition of all the assets of TEF, Inc. (d.b.a. Edge Flooring.

Hicks Named VP of LEED Rating System Program

Washington, D.C., October 5, 2005--The U.S. Green Building Council today named Tom Hicks vice president of its popular LEED Green Building Rating System program following Nigel Howard being named chief technical officer in July.

RAK Ceramics in JV with Italian Firm

Abu Dhabi, United Arab Emirates, October 4, 2005 -- Ras Al Khaimah Ceramics has joined forces with an Italian company to form a joint venture company, Chemica.

Reinhart Resigns as Dow CFO

Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.

Wal-Mart Rotates International and U.S. Execs

Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.

Home Depot Closer to Opening in China

Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.

Feltex Hopes Restructuring Will Increase Earnings

Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.