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.

Search Keyword Prices Ease in December

San Francisco, January 10, 2006--The Fathom Online Keyword Price Index(KPI), which has been tracking keyword prices in eight categories consistently for the past 16 months, indicates that in December 2005 KPI averages eased in November.

Pakistani Carpet Exports Set to Rise

Karachi, Pakistan, January 10, 2006--Pakistan carpet exports are set to gain momentum on back of international carpet exhibition being held in Germany from January 15-18, according to Asia Pulse.

Canadian Housing Prices Up

Ottawa, Ontario, January 10, 2006--The price of new housing rose 0.5 per cent in November in Canada on a "steady" market that saw higher building material and labor costs, Statistics Canada said Tuesday.

NAR: Housing Market to "Normalize" in 2006

Washington, DC, January 10, 2006--The key word for the housing market in 2006 is balance, with a return to a more normal rate of price growth, according to the National Association of Realtors.

Forbo Buys Chinese Adhesives Company

Zurich, Switzerland, January 10, 2006--Swiss floorings, adhesives and beltings group Forbo Holding AG, has reportedly acquired Victa Technology Holdings, a Chinese adhesives company for an undisclosed sum.

Mohawk Set to Sell $1.4B Notes

Calhoun, GA, January 10, 2006--Mohawk Industries Inc., plans to sell $1.4 billion notes in a two-part offering this week, market sources said on Monday.

Cavalier Expects 4Q Sales Increase

Addison, AL, January 10, 2006--Manufactured housing company Cavalier Homes announced that it expects to report total revenue of approximately $97-$100 million for the fourth quarter of 2005 that ended December 31.

QuickStep Hosts Plant Tour for CMH Reps

Thomasville, NC, January 10, 2006--For QuickStep, the year 2005 was anything but average. The glueless laminate producer introduced new cutting edge designs, saw mounting sales and celebrated the grand opening of its high tech facility in Thomasville, Nor

Saks May Sell Parisian

Birmingham, AL, January 10, 2006-- Saks Inc., shook up top management on Monday and said it may put its 40-store Parisian department store chain on the block.