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.

Rug Décor Launches Nationwide Expansion Initiative

Rug Décor Launches Nationwide Expansion Initiative

St. Louis, MO, February 26, 2007-- In a move that will position Rug Decor as the leading nationwide franchise system in its market, CCA Global Partners said it will launch an aggressive national expansion plan, calling for a total of 60 stores by 2008.

Pfleiderer’s Pergo Bid Reaches Acceptance Level

Neumarkt, Germany, February 26, 2007--Pfleiderer Sweden AB recommended a cash offer for all shares in Pergo AB. The offer is conditional upon the acceptance of the offer by at least 90 per cent of the share capital in Pergo.

Pfleiderer CEO Injured in Auto Accident

Neumarkt, Germany, February 23, 2007--It is reported that Hans H. Overdiek, head of German engineered wood and infrastructure technology manufacturer Pfleiderer, has been badly injured in a car accident.

Revisiting Lumber Pact Would Impact Housing Afford

Washington, DC, February 23, 2007--In a development that could have negative repercussions for housing affordability and American consumers, the U.S. government may be attempting to squeeze even more concessions out of Ottawa.

Commercial Real Estate Index Remains at Record Hig

Washington, DC, February 23, 2007--The Commercial Leading Indicator for Brokerage Activity,* has increased for seven consecutive quarters and is holding at the highest level on record, according to the National Association of Realtors.

Formica Extends Distribution in Canada

Barnwell, SC, February 23, 2007--Formica Flooring has entered into an agreement with Stevens Dufour Floor Covering of Mississauga, ON in which Stevens Dufour will be the exclusive distributor of Formica Flooring in Canada.