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.

Consumer Confidence Hits 4-Year High

New York, NY, March 28, 2006--Consumer confidence index rose 4.5 points to 107.2 from an upwardly revised 102.7 in February, despite higher gasoline prices, according to the Conference Board.

Välinge Wins Appeals on Unilin Patent

Viken, Sweden, March 27, 2006--Välinge Innovation announced what it called two major victories at EPO against Unilin patents, and welcomed the EPO decision to reduce the scope of the first patent.

Floor & Decor Opens in Tampa

Tampa, FL, March 27, 2006--Floor & Decor Outlets of America opens its 13th location, a 50,000-square-foot retail location in Tampa, Florida.

Faus Group to Debut Line at Domotex Asia

Dalton, GA, March 24, 2006--Faus Group Inc., has announced that it will debut Classic Americana, a premium laminate collection, during Domotex Asia in Shanghai March 28th though March 30th.

New Home Sales Off 10.5%

Washington, DC, March 24, 2006--New home sales dropped 10.5% in February to their lowest level since May 2003, according to the Commerce Department.

Forbo Reduces Losses in 2005

Eglisau, Switzerland, March 22, 2006--Forbo increased its sales in 2005 by CHF 79.7 million ($US 61.2M) to CHF 1,702.0 million ($US1.3B This equates to an improvement of 4.9 %, or 4.4 % in local currency.

BR-111 Intros Engineered Flooring Line

Miami, FL, March 22, 2006--BR-111 Exotic Hardwood Flooring added four new products to its Triangulo Engineered line. The premium line comes in five Brazilian species and seven new SKUs, says Jason Strong, vice president of sales and marketing at BR-111.

Construction Materials Cost Rising

Palm Springs, CA, March 22, 2006-- "Construction materials costs are outpacing overall consumer and producer prices by a wide margin," said Ken Simonson, chief economist for The Associated General Contractors of America (AGC).

Study Confirms the Importance of Search in Offline

Reston, VA, March 21, 2006--comScore Networks today released results from a new research study that confirms the importance of search in influencing offline buying. The results show that 25 percent of searchers purchased an item directly related to their

Propex Names Dana CEO Replacing Stanczak

Austell, GA, March 21, 2006--Joseph F. Dana has been named President and Chief Executive Officer of Propex Fabrics Inc. (the Company), effective March 20, 2006. Dana was also appointed as a director of the Company effective as of the same date.