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.

Pergo Reports on First Nine Months

Trelleborg, Sweden, Oct. 27--In the first nine months of 2003, Pergo reported net sales of 2.07 billion Swedish Kronas (US $266.9 million), a decline of 4%, excluding currency effects, compared with the preceding year.

Freddie Mac Under Fire

Washington, D.C., Oct. 27--Recent accounting and management issues at Freddie Mac have triggered an opportunistic onslaught against the housing government sponsored enterprises (GSEs) that not only ignores the will of the people and the intent of decades

Price Threatens Fabric of Cotton Industry

New York, Oct. 27--The price of underwear or sheets might not be going up anytime soon, but world cotton prices -- at their highest in five years -- may be sounding the death knell for the U.S. textile industry, experts say.

Copies fuel slump in Persian carpets

Tehran, Iran, Oct. 27--Iran's painstakingly woven carpets are surrendering their global marketshare to foreign copies from the likes of India and China, a trend fomenting discontent among Tehran's politically powerful market traders, according to

Surfaces To Host Town Hall Meeting

Dallas, TX, Oct. 24--In addition to all the other new programs at Surfaces that help attendees improve their businesses and increase their bottom line, Surfaces 2004 offers a first-ever opportunity for these floor covering professionals to “Come and Be He

Solutia Posts 3rd Quarter Loss

St. Louis, MO, Oct. 24--Solutia reported a third-quarter loss, due to higher energy costs, an extended maintenance shutdown at a Texas plant and a range of charges.

Minor Fire At Interface Plant

LaGrange, GA, Oct. 24--An estimated 150 employees were evacuated yesterday morning from an Interface Flooring Systems manufacturing plant in La Grange, GA, due to a minor fire. There were no injuries and production will not be affected.