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.

Second Half 2005 Mortgage Volume Up, Homeowners Sh

Washington, DC, May 10, 2006--First mortgage originations increased by 14 percent from the first half to the second half of 2005 according to the Mortgage Bankers Association's (MBA) Mortgage Originations Survey released today.

Chain Store Sales Off Last Week

New York, NY, May 9, 2006--Chain store sales slipped in the latest week after a strong gain the previous week, according to a report released on Tuesday.

Gov's' Wives, Habitat Start Homebuilding E

Mobile, AL, May 9, 2006--Before sunrise this morning, three governors' spouses joined dozens of women volunteers on a Habitat for Humanity build site to kick off the First Families Building Homes Across America program.

Small-Business Optimism Up in April

Washington, DC, May 9, 2006--Small-business optimism rose last month, reversing March’s slump by more than two points to 100.1 (1986=100) and returning to its historical levels, according to the NFIB Small Business Economic Trends report.

Unifi Announces Proposed Offering

Greensboro, NC, May 9, 2006--Unifi said it plans to commence a private placement offering of $225 million of Senior Secured Notes due 2014.

Solutia Bankruptcy Lengthens

St. Louis, MO, May 9, 2006--Shifting deadlines and a pair of unresolved legal disputes indicate that the bankruptcy reorganization of Solutia Inc., is taking longer than the chemical maker had anticipated.

Masland Adds Four Rugs to Soumak Line

Mobile, AL, May 8, 2006--Showcasing a rug style and weaving technique thought to be among the oldest in the world, Masland introduced the Soumak Collection of area rugs at the 2005 High Point market.