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.

President Urges Asbestos Resolution

Washington, DC, January 10--President Bush on Friday urged Congress to pass federal legislation to resolve asbestos litigation that could end up costing U.S. companies $200 billion.

SMT Woods to Launch Oiled and Waxed Exotic Hardwoo

Camarillo, CA, January 10--SMT Woods said it will launch a new product line, the Renaissance Series, at Surfaces. The Renaissance Series, according to the company, is ideal for high traffic areas such as foyers and lobbies, and commercial applications su

Maine Retailer also an Artist

Eliot ME, January 10--Located at the end of a typical industrial park building, Carpet by the Yard appears to be a normal small business with stacks of tile samples by the front door, according to The Portsmouth, Maine Herald.

Nardelli Steps down from Coke Board

Atlanta, GA, January 7--Robert Nardelli will resign from the board of Coca-Cola to concentrate on his job as chief executive of Home Depot, the home improvement retailer.

Alloc Files Infringement Action Against Kronotex i

Racine, WI, January 7--On December 20th, 2004, Alloc Inc., Berry Finance NV and Välinge Innovation AB filed a complaint alleging patent infringement against Kronotex US for its sales of the Easy Lock Flooring product in the district court for the northern

Office Vacancy Drops in 4Q

New York, NY, January 7--Companies have contracted got more office space in the fourth quarter than they have in any quarter in the past four years, pushing vacancies down sharply.

American Capital Invests $39M in Halex & Capitol U

Bethesda, MD, January 7--American Capital Strategies Ltd. said that in December 2004 it invested an additional $39 million in its portfolio company Halex Corp. to refinance existing debt and to support the acquisition of Capitol USA.