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.

Consumers Remain Cautious, Index Shows

New York, NY, Sept. 4, 2009--Although consumers' hopes for their local economies and personal finances improved in the past month, the most recent results of the RBC CASH Index rose by only 2.5 points.

India Carpet Expo Set Oct. 3-6

Varansi, India, Sept. 4, 2009--The next India Carpet Expo (ICE) will be held Oct. 3-6 in Sampurnanand Sanskrit University Ground at Varanasi.

Tender Offer for Armstrong Shares Below Market

Fort Worth, TX, September 3, 2009--Armor TPG Holdings is launching a tender offer to purchase up to 4,435,935 shares of common stock of Armstrong World Industries, Inc. for $22.31 per share in cash.

FCI Addresses Lacey Act Trade Concerns

St. Louis, MO, Sept. 4,2009—The Floor Covering Institute has addressed international trade concerns regarding the Lacey Act in a new paper "Continuing Wood Trade Under the Lacey Act Amendments."

Torlys Signs Five Distributors

Toronto, Ontario, Canada, Sept 4, 2009 - Torlys Smart Floors has launched U.S. distribution with five west and midwest distributors.

Payrolls Decline Less Than Expected

Washington, DC, Sept. 4, 2009--The U.S. unemployment rate jumped to a 26-year high of 9.7% in August as nonfarm payrolls fell by 216,000, the 20th consecutive monthly decline, the Labor Department estimated Friday.

Corkart Signs Northwest Distributor

Vendas Novas, Portugal, Sept. 4, 2009-- Corkart said it has entered into a distribution agreement with The Cronin Company for the Pacific Northwest.

IMF Director Sees Sluggish Economic Recovery

New York, NY, Sept. 4, 2009--International Monetary Fund Managing Director Dominique Strauss-Kahn said he still sees "serious downside risks" to the world financial system and that the recovery will be sluggish and possibly jobless.