Today's Flooring News

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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.

Tennessee Manufacturer Becomes Custom Rug Sultan

Memphis, TN, July 31, 2006--Back in 2004, Joey Stem reinvented his business, Crown Manufacturing Inc., changing from a custom logo printer to a custom carpet maker. according to the Memphis Commercial Appeal.

Beazer Homes 3Q Earnings Off

Atlanta, GA, July 27, 2006--Beazer Homes USA reported said quarterly profit that fell 9 percent and orders dropped 16 percent, prompting the company to cut its forecast again in another sign of the weakening U.S. housing market.

Ethan Allen 4Q Earnings Up

Danbury CT, July 27, 2006-- Ethan Allen Interiors Inc. on Thursday said its fiscal fourth-quarter income rose to $22.4 million, or 66 cents a share, from $19.5 million, or 56 cents, a year ago.

Beaulieu Australia First to Get CRI Approval

Ormeau, Queensland, Australia, July 27, 2006--Beaulieu of Australia has produced the first carpets manufactured in Australia to achieve Green Label Plus certification under the U.S. Carpet & Rug Institute's environmental testing program.

Fed Beige Book: Economy Still Growing

Washington, DC, July 26, 2006--Upward pressure from energy and other inputs is persisting, despite reports that the pace of growth in the U.S. economy has slowed, according to a survey of current economic conditions released by the Fed Wednesday.

Hand-Woven Carpet Design Contest in Tehran

Tehran, Iran, July 25, 2006--University students and craftsmen involved in the carpet industry will display their craftsmanship in a contest scheduled for July 29 here in the Museum of Fine Arts.