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.

Forbo Sets Subscription Price For Capital Increase

Eglisau, Switzerland—December 2-- Forbo Holding AG said Thursday the share subscription price in the upcoming capital hike will be CHF150 ($132.01) each, less than half of Wednesday's closing price of CHF316.50 ($276.42).

Fed’s Beige Book Shows Signs of Continued Expansio

Washington, DC, December 2--The economy kept expanding from mid-October to mid-November, picking up speed in several regions of the country, according to the Federal Reserve’s Beige Book, which was released Wednesday.

October Construction Spending Flat

Washington, December 2--Construction spending was unexpectedly flat in October, but still at a record high, as gains in public spending offset a decline in residential construction, a government report said Wednesday.

Kronospan Launches $15.5 M Recycler in UK

Chirk, Great Britain, December 6--Wood panel and laminate flooring manufacturer Kronospan has invested more than pounds 8m ($15.5m) in a recycling plant to boost the volume of recycled fiber used at the plant, according to the Liverpool Daily Post & Echo.

CRI Working In a Collaboration with NASA

Atlanta, GA, December 2-- After years of working together to enhance a hand held chemical analyzer, NASA and KeyMaster Technologies have created a device that can both function as a quality control tool for parts destined for the Space Shuttle and help le

Shaw Implements New Retailer Oriented Software

Columbus, OH, December 2-- Shaw Industries has implemented a solution built on the Sterling Commerce Multi-Enterprise Services Architecture (MESA) to support its customers' initiatives to improve bottom-line performance by sharing accurate and timely

Home Depot & Lowe's Settle Credit Card Suit

Los Angeles, December 2--More than two million people with credit cards from The Home Depot Inc. and Lowe's Companies Inc. could be eligible for $5 rebates under the terms of a court settlement of a lawsuit over the companies' credit card promotio

Solutia Names Winners of Doc Competition

New York, December 2--Solutia honored four design firms and four carpet manufacturers in the annual Doc Competition awards ceremony held in New York City on December 1.