Today's Flooring News

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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.

Congoleum Reaches $103M Insurance Settlement

Mercerville, NJ, May 12--Congoleum Corp. announced today that it has reached a settlement agreement with one of its excess insurance carriers over coverage for asbestos-related claims.

CARE: Over 108 M Lbs. of Carpet Diverted From Land

Pine Mountain, GA, May 11--The Carpet America Recovery Effort (CARE) Third Annual Conference got underway yesterday as recyclers, prospective entrepreneurs, carpet industry, state and federal officials, and equipment manufacturers gathered at Southern Pin

Congoleum Narrows 1Q Loss

Mercerville, NJ, May 10--Congoleum Corp. in the first quarter reported a loss of $352,000, versus a net loss of $435,000 in the first quarter of 2004. The net loss per share was $.04 in the first quarter of 2005 compared with $.05 per share in the first q

Sturrus to Run Pergo from U.S.

Raleigh, NC, May 9--Tony Sturrus, who has been named to the post of CEO, at Pergo, will oversee the company's 700-employee operation from Raleigh, where the company's U.S. headquarters is based.

Murfin Named VP Sales, Armstrong Flooring Products

Lancaster, PA, May 9--Paul Murfin has been named Vice President of Sales, Armstrong Flooring Products – Americas. Murfin will be responsible for all independent channel Residential and Commercial sales in North America.

Q.E.P. Acquires Capitol USA Adhesives

Boca Raton, FL, May 9--Q.E.P. Co. Inc. announced that it has entered into an asset purchase agreement with Halex Corporation of Pomona, California, to acquire the Capitol USA adhesives division, located in Dalton, Georgia.