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.

Zickgraf Buys Thomson Oak Flooring Name, Assets

Franklin, NC June 17--Zickgraf Hardwood Flooring Company has purchased The Thomson Oak Flooring brand name and certain assets from Thomson Oak Flooring Company Inc.

Consumer Sentiment Up In June

Ann Arbor, MI, June 17--Consumer sentiment improved in June, according to the University of Michigan consumer sentiment index. The gauge rose to 94.8 from 86.9 in May.

Germany’s Vorwerk Posts Record Year

Wuppertal, Germany, June 17--In the year 2004 carpet and household appliance maker Vorwerk continued the very good growth development of the past years.

Current Account Gap Widens

Washington, DC, June 17--The current account deficit continued its steady march upward in the first quarter, the Commerce Department reported Friday.

Housing Starts Up in May

Washington, DC, June 16--Housing starts rose 0.2% in May to a seasonally adjusted 2.009 million annualized units from April's revised 2.005 million, according to the Commerce Department.

Wellman to Take $24M Charge in Lawsuit Settlement

Shrewsbury, NJ, June 16--Wellman Inc on Wednesday said it would record a pretax charge of $24 million in the 2005 second quarter to cover the cost of a lawsuit settlement.

Washington, DC, June 16--The economy expanded across the nation from mid-April through May as tourism, real estate, and manufacturing strengthened and the job market improved nationwide, according to the Federal Reserve’s beige book survey.

Tandus Announces 1Q Financials

Dalton, GA, June 15--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and Subsidiaries, announced its financial results for the first quarter (13 weeks) ended April 30, 2005.

Ilva's Paesina Collection Offers Modern Porcel

Coconut Grove, FL, June 16--Modern décor continues to grow in popularity in homes and businesses nationwide, and Ilva S.A. - the Argentine manufacturer of porcelain tile - has introduced its Paesina Collection as a reflection of that style.

Group Mobilizes To Stop Asbestos Legislation

Washington, DC, June 16--The Coalition for Asbestos Reform (C.A.R.), a group of small and medium sized businesses and major insurance companies, announced today that it has engaged a team to educate U.S. businesses and policymakers about the serious flaws