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.

Backing For Carpets Plant Buy-out

Bradford, UK, Oct. 6--The Welsh Assembly Government is backing a local management buy-out to save a South Wales Valleys manufacturing plant - and the jobs of its 320-strong workforce, as reported in the Western Mail.

Jobless Rate Steady

Washington, DC, Oct. 3--Employers expanded their payrolls for the first time in eight months as the jobless rate held steady in September.

Construction Spending Up

Washington, DC, Oct. 1--Construction spending in August climbed to the highest level seen since the beginning of this year as the value of residential projects by private builders posted its best month on record.

Formica Moving Headquarters To Cincinnati

Cincinnati, OH, Sept. 30--Formica Corporation today announced that it is relocating its global headquarters from Warren, New Jersey to an as-yet-undetermined site in the Greater Cincinnati area.

Mohawk Releases Dealer Meeting Schedule

Dalton, GA, Sept. 29--Earlier this year, Mohawk Industries announced that instead of attending Surfaces 2004, it would instead expand the number of regional dealer meetings.

GDP Revised Up, Spending Strong

Washington, DC, Sept. 26--Healthy consumer spending nudged U.S. economic growth ahead at a slightly faster second-quarter pace than previously thought, the Commerce Department said on Friday.

Existing Home Sales Break Record Again

Washington, Sept. 25--Sales of existing single-family homes set a second consecutive monthly record in August on the heels of record-low interest rates in June.

Formica Files Reorganization Plan

Warren, NJ, Sept. 24--Formica Corporation has filed its Plan of Reorganization and Disclosure Statement with the United States Bankruptcy Court for the Southern District of New York.