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.

Coverings Announces Spectrum Award Winners

Alexandria, VA. Mar. 25--Coverings, the leading showcase for ceramic tile and natural stone floor coverings, has selected Michelle Griffoul Studios as the $10,000 Grand Prize winner of the 2004 Spectrum Award.

New Home Sales Rise Strongly in February

Washington, D.C., Mar. 24--Sales of new U.S. homes surged unexpectedly in February to their highest level since August, a Commerce Department report showed on Wednesday.

Armstrong Requests Another Extension for Bankruptc

Lancaster, PA, Mar. 22--As Armstrong World Industries tries to emerge from bankruptcy, it wants to make sure there's still only one reorganization plan on the table -- its own, according to the Lancaster New Era.

Closing of Invista Deal Delayed

Pound Ridge, NY, Mar. 16--The target date for closing Koch Industries Inc.'s $4.4 billion purchase of Invista from the DuPont Co. has been moved to April 30 from the end of March, according to Delawareonline.com.

Economists Still Optimistic

New York, NY, Mar. 12--Many economists admit they are stumped by the question of why the expanding U.S. economy isn't churning out lots of new jobs, as it did so faithfully in the 1990s

Retail Sales Rise

Washington, DC, Mar. 11--U.S. retail sales posted their biggest gain in three months during February, driven by strong demand for motor vehicles.