Today's Flooring News

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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.

Feltex Shares Suspended

Wellington, New Zealand, June 23, 2006--Feltex Carpets Ltd. is in talks with an investor to raise more equity.

Leading Indicators Off 0.6%

New York, NY, June 22, 2006--The Conference Board announced today that the leading index decreased 0.6 percent, the coincident index increased 0.1 percent and the lagging index increased 0.2 percent in May.

Wool Prices Near All-Time Low

London, England, June 21, 2006--British sheep farmers are getting a final average payment of only 45p per kg for last year's wool clip, with 3.7 million kg of it still in store and the 2006 clip under way.

Muller New General Manager for Eliane NA

Carrollton, TX, June 19, 2006--Marcio Muller was appointed general manager of Eliane North America, the U.S. subsidiary of Eliane Revestimentos S/A, Brazil's largest tile manufacturer and exporter.

Builder Confidence Declines In June

Washington, DC, June 19, 2006--Rising mortgage rates, deepening affordability issues and the retreat of investors/speculators from the marketplace have prompted single-family home builders to further adjust their perspectives on the new-home market.

AmericasMart Names ROY Award Nominees

Atlanta, GA, June 13, 2006--At the July Atlanta International Area Rug Market, AmericasMart’s presents its Rug Retailer of the Year Awards (ROY Awards), and the nominees are in.

Thomas Industries Acquires Superior Yarn & Mattel

Denver, CO and Dalton, GA, October 19--Thomas Industries, LLC, announced that effective October 2, 2004, they have completed the acquisition of the assets of Superior Yarn Technologies, LLC and Mattel Carpet & Rug, Inc.

AFA Celebrates 25 Years

Dalton, Georgia, September 29--On October 5, the American Floorcovering Alliance (AFA) will hold their annual meeting at the Dalton Golf & Country Club.