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.

Propex Announces Delay in Filing Annual Report

Austell, GA, April 1--Propex Fabrics Inc. announced that it will require additional time to complete the appraisal and revaluation of its assets under purchase accounting in connection with the company's acquisition on December 1, 2004.

Construction Springs Ahead—No April Fools’ Day Jok

Washington, D.C., April 1--The Associated General Contractors of America (AGC) commented on the value of construction put in place, which soared to a 13th consecutive record of $1.047 trillion at a seasonally adjusted annual rate, as reported today

Sears to Layoff 250 at its Headquarters

Hoffman Estates, IL, April 1--Sears plans a layoff of 250 workers at its headquarters in this Chicago suburb, according to a report filed with the state's Department of Commerce and Economic Opportunity.

StonExpress Becomes StarNet Vendor

Decatur, GA, March 31--The StarNet Commercial Flooring Cooperative recently named STONEXPRESS Inc. as a vendor in the group’s growing network.

Judge Strikes Down Retiree Health Care Regulation

Philadelphia, PA, March 31—-A Federal judge Wednesday barred the government from allowing companies to provide younger retirees with better health care benefits than they give to older ones who qualify for Medicare.

U.K.'s Duralay on the Block

Lancashire, England, March 31—-The company which owns carpet underlay firm Duralay is on the market with a price tag of around £100m, according to the Manchester Evening News.