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.

Office Furniture CEOs See Growth

Chicago, IL, June 14, 2006--The office furniture market may be slowing, but the industry still has several years of growth remaining, said several CEOs said at a NeoCon conference this week. "We think we're right in the middle part of the cycle." said

Efforts on Asbestos Bill Renewed

Washington, DC, May 31, 2006--Senators Arlen Specter (R-Pa.) and Patrick Leahy (D-Vt.) are renewing their relentless effort to secure Senate passage of a bill to replace the asbestos-litigation system with a $140 billion trust fund, but they continue to f

Wilsonart Gets Favorable Ruling in Price Fixing Su

Glenview, IL, May 24, 2006--Illinois Tool Works Inc., said that a federal jury in New York rendered a favorable verdict for its Wilsonart International business as part of a consolidated class action lawsuit filed in June 2000 on behalf of purchasers of h

Home Depot Q1 EPS Up 23%, Services Sector Up 8.5%

Atlanta, GA, May 16, 2006--Home Depot reported first quarter net earnings of $1.5 billion, or $0.70 per share, compared to $0.57 per share and net earnings of $1.2 billion reported for the same period in fiscal 2005.

Ford to Use Interface Recycled Seat Fabric Next Ye

Santa Monica, CA, May 12, 2006--Ford Motor Company will introduce increasingly sustainable seating surfaces in early 2007. The fabric, supplied by Interface Fabrics, Inc., is believed to be the first U.S. automotive application of 100 percent recycled fab

NFIB: Senate Tax Vote a Win for Small Business

Washington, DC, May 12, 2006--The National Federation of Independent Business, the nation’s largest small-business group, today applauded Congress for passing H.R. 4297, the Tax Increase Prevention and Reconciliation Act of 2005 Conference Report.

Owens Corning To Pay $7.7B Asbestos Settlement

Toledo, OH, May 11, 2006—With the floor covering industry awaiting a resolution to Armstrong World Industries’ asbestos problems and bankruptcy, Owens Corning yesterday said it will pay $5.2 billion to asbestos victims and $2.5 billion to creditors in a s

Laticrete Opens Factory in Latvia

Bethany CT, May 11, 2006--Beginning this June, Laticrete will be manufacturing and distributing Laticrete International products from a new 107,640 square foot plant in the Baltic State of Latvia.

Housing Market Taking a Breather But Staying Stron

Washington, DC, May 9, 2006--The housing market is settling but should experience its third best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the National Association of Realto