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.

July Existing Home Sales Set Record

Washington, DC, Aug. 25--Driven by strong market fundamentals, existing single-family home sales rose to a record monthly pace in July and prices increased at a double digit rate from a year ago, according to the National Association of Realtors

Leading Indicators Index Rises

New York, NY, Aug. 21--A leading index of economic health rose for the fourth consecutive month, signaling a widespread pickup in the nation's rate of growth.

Solutia Settles Alabama PCB Case

St. Louis, MO, Aug. 21--Solutia Inc. today announced a settlement resolving the Abernathy and Tolbert PCB litigation against the Company in Alabama.

Interface Uses Landfill Emissions To Fuel Plant

LaGrange, GA, Aug. 20--The City of LaGrange, GA, the U.S. Environmental Protection Agency and Interface Flooring Systems today announced the formation of a partnership to convert naturally occurring methane gas from the local landfill into a green energy

Solutia Could File Chapter 11 To Address Liquidity

St. Louis, MO, Aug. 19--Solutia Inc. said it's considering all alternatives, including a potential reorganization under Chapter 11 bankruptcy, to address its future liquidity needs, according to the company's quarterly report filed Monday with the

Lowe's Earnings Set Record

Wilksboro, NC, Aug.18--Lowe's Companies, Inc. today reported net earnings of $597 million for the quarter ended August 1, a 27.8% increase over the same period a year ago.

Consumer Prices Rise 0.2 Percent

New York, NY, August 15--Consumer prices rose by a modest 0.2 percent in July for the second month in a row, easing fears that the country could be heading for an economically dangerous slide in prices. Industrial production, meanwhile, shot up.

Foamex Posts Lower 2nd Quarter Profit

Linwood, PA, Aug. 13--Foamex International Inc, a maker foam products, on Wednesday posted a lower second-quarter profit and said it was finalizing a refinancing of its bank debt.

DTI/Koch Industries Update

Wichita, KS, Aug. 11--As reported yesterday on Floordaily.net, DuPont has announced that Koch Industries and its subsidiaries are in exclusive negotiations to acquire DuPont Textiles and Interiors, the world’s largest integrated fibers and resins company