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.

House Price Gains Continue to Accelerate

Washington, D.C., December 3--Average U.S. home prices increased 12.97 percent from the third quarter of 2003 through the third quarter of 2004. Appreciation for the most recent quarter was 4.62 percent, or an nnualized rate of 18.48 percent.

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.

Bostik Findley, Renamed Bostik

Wauwatosa, WI, December 1-- Bostik Findley, Inc., a leading global manufacturer of adhesives, sealants and lubricants, has changed its name to Bostik, Inc.

Armstrong’s UK Plant May Close

Teesside, England, November 30--About 200 manufacturing jobs are under threat at a Teesside flooring factory after staff were warned the local Armstrong World Industries plant may close, according to IC Teesside.

Revised 3Q GDP Up 3.9%

Washington, DC, November 30—The economy grew at a more rapid pace during the summer than the government first believed. Gross domestic product increased during the third quarter at a 3.9% annual rate, faster than the 3.7% pace initially estimated, the Com