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.

Junckers Under New Ownership

Witham, England, Apr. 16--Junckers Industrier A/S, Europe's leading producer of solid hardwood flooring products, has been bought by Axcel, a leading Danish investment company with a capital commitment of 0.5 billion Euros.

Housing Market Index Up

Washington, DC, Apr. 15--Builder confidence in the market for new single-family homes rose strongly in early April, according to the National Association of Home Builders' latest Housing Market Index.

Solutia Gets Bankruptcy Plan Extension

St. Louis, MO, Apr. 16--A federal bankruptcy judge has given chemicals concern Solutia Inc. another three months to detail how it expects to emerge from bankruptcy.

Georgia-Pacific Say Earnings Will Beat Expectation

Atlanta, GA, Apr. 15--Forest products company Georgia-Pacific Corp. said Wednesday it will report first-quarter earnings above Wall Street's expectations, citing the performance of its building products businesses.

Manufacturing in Northeast Rebounds

New York, NY, Apr. 15--Manufacturing activity in the New York Federal Reserve district rebounded sharply to 36.05 in April from the 25.33 reading in March, marking the 12th-straight month of positive readings.

Sneakers Recycled into Flooring and More

Boise, ID, Apr. 15--For all they´ve done for you, those shoes deserve a better final resting place than the dump. For the price of postage, Nike will give them a new home, no matter what brand they are, according to the Idaho Statesman.

Initial Jobless Claims Rise

Washington, DC, Apr. 15--First-time claims for unemployment benefits rose more than forecast last week, one week after dropping to the lowest level in four years.