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.

Tennessee Manufacturer Becomes Custom Rug Sultan

Memphis, TN, July 31, 2006--Back in 2004, Joey Stem reinvented his business, Crown Manufacturing Inc., changing from a custom logo printer to a custom carpet maker. according to the Memphis Commercial Appeal.

Beaulieu Australia First to Get CRI Approval

Ormeau, Queensland, Australia, July 27, 2006--Beaulieu of Australia has produced the first carpets manufactured in Australia to achieve Green Label Plus certification under the U.S. Carpet & Rug Institute's environmental testing program.

Ethan Allen 4Q Earnings Up

Danbury CT, July 27, 2006-- Ethan Allen Interiors Inc. on Thursday said its fiscal fourth-quarter income rose to $22.4 million, or 66 cents a share, from $19.5 million, or 56 cents, a year ago.

Beazer Homes 3Q Earnings Off

Atlanta, GA, July 27, 2006--Beazer Homes USA reported said quarterly profit that fell 9 percent and orders dropped 16 percent, prompting the company to cut its forecast again in another sign of the weakening U.S. housing market.

Fed Beige Book: Economy Still Growing

Washington, DC, July 26, 2006--Upward pressure from energy and other inputs is persisting, despite reports that the pace of growth in the U.S. economy has slowed, according to a survey of current economic conditions released by the Fed Wednesday.

Hand-Woven Carpet Design Contest in Tehran

Tehran, Iran, July 25, 2006--University students and craftsmen involved in the carpet industry will display their craftsmanship in a contest scheduled for July 29 here in the Museum of Fine Arts.

NRI Industries and Mer-Krete Form Alliance

Toronto, Ontario, Canada, July 19, 2006--With 114 years of experience between them, it’s safe to say NRI Industries and Mer-Krete Systems have their fingers on the pulse of their respective industries.