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.

Expanding Opportunities Theme of NAFCD October Mee

Chicago, March 2--The National Association of Floor Covering Distributors (NAFCD) 34th Annual Meeting will take place October 21-23, 2005, at the Boca Raton Resort & Club in Boca Raton, offering floorcovering distributors solutions to some of the greatest

New Home Sales Drop 9.2%

Washington, DC, February 28—-New home sales dropped 9.2 percent in January to a seasonally adjusted annual rate of 1.106 million units, according to the Commerce Department.

Personal Income Off in January

Washington, DC, February 28--Personal spending was unchanged in January as personal income fell 2.3 percent after hitting a record in December, according to the Commerce Department.

IMPO Changes Name to AvanTile

Tinley Park, IL, February 28--Avanti means "forward" in Italian, which made AvanTile an appropriate new name for a growing and changing tile company.

Propex Launches Note Exchange Offer

Austell, GA, February 28--Propex Fabrics Inc. announced that it is commencing an exchange offer to exchange its 10% Exchange Senior Notes due 2012.

Holo-Walls Launches a Holographic Dance Floor

Westlake Village, CA, February 28--The Holo-Walls Company, producers of holographic films for entertainment and interior applications, is in production on its newest product, Holo-Floors.

OFIS Opens Parador Showroom in Dubai

Dubai, United Arab Emirates, February 28--OFIS has launched exclusive wooden flooring from Parador, German specialists in laminated, pre-finished timber and timber floorings, according to AME Info.com.

Pieper Ready to Hike Forbo Stake to Block Takeover

Zurich, Switzerland, February 28—-It has been reported that Swiss industrialist and major shareholder Michael Pieper is prepared to build his stake in Forbo Holding AG to 33.32 pct to undermine a successful takeover by AFB.