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.

Small-Business Owners See Steady, Stable Economy

Washington, DC, March 14, 2006--Confirming their view that the nation’s economy is moving solidly ahead, small-business owners nudged the February NFIB Small-Business Optimism Index up four-tenths of a point to 101.5.

Congoleum Reports Year-End Loss on Asbestos Charge

Mercerville, NJ, March 14, 2006--Congoleum Corp. reported its financial results for the year ended December 31, 2005. The 2005 results include $25.3 million in charges related to asbestos liabilities, of which $15.5 million were recorded in the second qua

MBA: GDP to Rebound

Washington, DC, March 13, 2006—According to the Mortgage Bankers Association forecast, incoming economic data over the past few weeks indicate a strong first-quarter rebound in GDP growth from the revised 1.6 percent annual rate of the fourth quarter.

More Flooring America & Flooring Canada Award Winn

Manchester, NH, March 13, 2006--Flooring America and Flooring Canada presented their annual member awards for outstanding performance over the past year at their 2006 Winter Convention at the Hilton Hotel and Convention Center in Anaheim, CA, on March 11.

Sears Canada Announces Job Cuts

Toronto, Ontario, March 13, 2006--Sears Canada, the target of a privatization bid by its U.S. parent company, is eliminating about 190 jobs at distribution centers in two Ontario communities.

Herregan Expands QuickStep Territory

Thomasville, North Carolina, March 9, 2006--One of QuickStep’s key distributors, Herregan Distributors, Inc., headquartered in Eagan, MN, has more than doubled its territory in recent months.

German Floor Coatings Supplier Loba Sees Growth in

Ditzingen, Germany, March 13, 2006--German floor coatings supplier Loba GmbH says it anticipates a 15 to 20 per cent increase in sales throughout the Middle East as an increase in upscale real estate developments drive demand for hi-technology products.

Study: Overpriced Housing Markets Grew in Q4

New York, March 13, 2006--According to analysis by Global Insight and National City Corp., the number of very overpriced housing markets grew in the last three months of 2005 from the prior quarter despite slowing demand and rising mortgage rates.

Illinois Opens Its First 'Green' School

Darien, IL, March 13, 2006--Southwest suburban Bolingbrook High School (BHS), in Valley View School District 365U, recently became the first public school in the state--and third high school nationwide--to be become LEEDCertified by the U.S. Green Buildin