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.

Federal Opinion Denies Kahrs' Tariff Challenge

Washington, DC, April 4, 2013 -- A Federal Circuit opinion denied Swedish hardwood flooring manufacturer Kahrs International Inc.’s challenge to a duty levied on its imported wood flooring panels, according to Law 360.

Omnova Solutions Reports Small Loss in Quarter

Omnova Solutions Reports Small Loss in Quarter

Fairlawn, OH, April 4, 2013 -- Omnova Solutions reported a net loss for the first quarter of $200,000 or $0.00 per share, compared to net income of $13.5 million, or $0.29 per share, a year ago.

Mohawk Completes Marazzi Acquisition

Mohawk Completes Marazzi Acquisition

Calhoun, GA, April 3, 2013 -- Mohawk said it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity.

Shaw Reclamation Facility Gets LEED Silver

Shaw Reclamation Facility Gets LEED Silver

Dalton, GA, April 3, 2013 -- Shaw Industries said it has achieved the USGBC’s LEED Silver designation for New Construction for its Reclaim to Energy (Re2E) process building in Dalton.

Vacation Home Sales Rose Last Year

Vacation Home Sales Rose Last Year

Washington, DC, April 3, 2013 -- Vacation home sales rose in 2012, and investment purchases remained elevated for a second consecutive year, according to the National Association of Realtors.

Mortgage Application Volume Declines

Mortgage Application Volume Declines

Washington, DC, April 3, 2013 -- Mortgage application volume fell last week, as refinancing activity declined to offset higher demand for purchase loans, according to the Mortgage Bankers Association.