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.

World Trade Center Seeks LEED Gold Certification

New York, NY, September 18, 2006--The rebuilding of the World Trade Center is in many ways a memorial to those who lost their lives in the 2001 September 11 attacks, and it is a tribute that these buildings will also be built to the highest green building

U.S. Natural Gas Price Tumbles

New York, NY, September 114, 2006--Natural gas prices fell to a two-year low in New York Thursday because U.S. inventories rose more was expected. Natural gas is the fuel of choice for makers of ceramic tiles.

Home Depot Offers Small Business Services

Atlanta, GA, September 12, 2006--Small business owner Henry Perry used to spend 10 hours per week handling payroll for Cal Oak Flooring in Livermore, Calif. Now he spends just one hour thanks to Home Depot's new program.

Turners Want Refinance of Feltex

Wellington, New Zealand, September 8, 2006--Feltex Carpets whose bank loans amount to 10 times its market value, would raise NZ$51 million ($33 million) selling new securities as part of a refinancing plan from an investment group.

KB Home Lowers Earnings Forecast

Los Angeles, CA, September 7, 2006--KB Home cut its 2006 profit forecast citing weaker than expected demand for new homes amid a slowing housing market.

Beazer Cuts 2006 Forecast

Atlanta, GA, September 7, 2006--Beazer Homes USA Inc., cut its full-year earnings outlook Thursday, citing slumping sales and contract cancellations in the latest sign of worsening conditions in the housing market.

Bernanke:Productivity to Continue

Washington, DC, September 1, 2006--The strong increase in productivity, or output per hour of work, seen over the past decade is likely to continue for some time, Fed chief Ben Bernanke said Thursday.