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.

Fed Officials See Sustainable Growth

Washington, DC, April 5, 2006--Economic growth looks set to slow to a non-inflationary pace, Federal Reserve officials said on Tuesday, suggesting the Fed's long campaign of interest rate increases is nearly over.

Report: Hardwood Producers Selling Illegal Papua T

Jakarta, Indonesia, April 5, 2006--According to the Jakarta Post, the massive illegal logging of Papuan merbau timber is being fueled by five giant international flooring companies, which are neglecting to check whether they have bought legal timber.

Coverings 2006 Opens in Orlando

Orlando, FL, April 4, 2006--Ceramic tile and stone trade show Coverings 2006 kicks off its 19th edition this morning here with the expectation of record crowds.

Pending Home Sales Off

Washington, DC, April 3, 2006--Pending home sales fell in the latest month, and were lower than a year ago, indicating the housing market is stabilizing, a real estate group said Monday.

USGBC President Reveals a New Orleans Vision

New Orleans, LA, April 3, 2006--At a recent luncheon, Bob Odell of the U.S .Green Building Council (USGBC) unveiled a vision of New Orleans as a leading international city of the 21st century.

Laverdure New President Tarkett Residential North

Whitehall, PA, April 3, 2006--Tarkett has announced the appointment of Guillaume Laverdure to the newly created position of president, Residential North America. Laverdure has been with Tarkett for 15 years and was most recently vice president of logisti

Home Depot Completes Hughes Acquisition

Atlanta, GA, March 31, 2006--Home Depot said announced today that it has completed the acquisition of Hughes Supply, Inc., the distributor of construction, repair and maintenance products.

Armstrong Finalizes Wood Production JV in China

Shanghai, China, March 30, 2006--Armstrong World Industries Inc., signed a contract with a Chinese firm in Shanghai on Wednesday to establish a wood floor production base in East China's Jiangsu Province, according to Xinhua.

Mohawk Trims 1Q Earnings Guidance

Calhoun, GA, March 31, 2006--Mohawk Industries, Inc., announced a revision of its guidance for earnings per diluted share to an estimate of $1.03 to $1.05 for the first quarter of 2006.

Unlin’s Uniclic Patent Upheld by European Patent O

Wielsbeke, Belgium, March 27, 2006--The Technical Board of Appeal of the European Patent Office confirmed the validity of Unilin’s European patent EP 0 843 763 with certain modifications. This decision can not be appealed.