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.

Debt-Ridden Feltex Gives Workers a Raise

Wellington, New Zealand, June 28, 2006--Carpet producer Feltex's shares have plummeted to 25c, but its workers couldn't be happier, Manawatu union organiser Dion Martin says.

Shoppers Spend More in Extreme Weather

Dallas, TX, June 26, 2006--Shoppers are more likely to spend more time and money during their shopping excursions during days with extreme weather conditions, according to a recent survey of more than 1,000 mystery shoppers.

Brazilian Furniture Pavilion Debuts at Las Vegas M

São Paulo, Brazil, June 15, 2006--For the first time Brazilian companies will display top furniture styles and brands at Las Vegas Market from July 25 – 28, 2006 in a 6,900 square foot space at Las Vegas Convention Center.

Quarterly Total State Home Sales at 2nd Highest Pa

Washington, DC, November 17--Total state existing home sales activity in the third quarter was at the second highest pace on record, with 36 states posting increases from a year ago, according to the National Association of Realtors.

Forbo Receives Tentative Takeover Offer

Zurich, Switzerland, November 11--Struggling floor coverings and adhesives maker Forbo Holding AG said it had received a tentative takeover proposal from U.K.-based private equity firm CVC Capital Partners.

Economists: Relief In Building Materials Prices On

Washington, DC, November 3--Builders can expect modest relief from soaring materials prices in the coming year, with the notable exception of the cost of cement, which is expected to peak in early 2005 as Florida’s post-hurricane reconstruction efforts mo

Israeli Carpet Mill to Buy U.S. Facility

Shaked, Israel, November 2-- Carmel Carpets, owned by the Eitani family, is negotiating to buy a factory in the US, in order to send part of its carpet manufacturing overseas.