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.

Shaw's HGTV Marketing Features Facebook Promo

Dalton, GA, Aug. 17, 2011 -- As part of its first HGTV HOME Flooring by Shaw promotional package, the firm will feature a month-long Facebook challenge for the consumer audience.

Producer Prices Rise in July

Washington, DC, Aug. 17, 2011 -- The core Producer Price Index rose 0.4% in July, the biggest increase since January, according to the Labor Department.

Centiva Donates Recycling Bins

Florence, AL, Aug. 17, 2011 -- Centiva said it has donated 400 recycling bins to citizens of Florence, who have taken a pledge to recycle.

Home Depot Reports Higher Quarterly Profit

Atlanta, GA, Aug. 16, 2011 -- Home center operator Home Depot reported better-than-expected quarterly net income.

Forbo Reports Decline in First Half Earnings

Baar, Switzerland, Aug. 16, 2011 -- The Forbo Group reported first half net income from operations $66.1 million, a decrease of 11.1% versus the prior-year period.

Buying Home Cheaper Than Renting in Most Cities

New York, NY, Aug. 16, 2011 -- Falling home prices combined with strong demand for rental property have made it cheaper to buy a two-bedroom home than to rent one in most major U.S. cities.

Housing Starts, Permits Decrease in July

Washington, DC, Aug. 16, 2011 --New home construction fell 1.5% in July while applications for building permits also fell 3.2%, according to the Commerce Department.

Factory Output, Industrial Production Rise in July

Washington, DC, Aug. 16, 2011 --Factory output increased 0.6% in July, the Federal Reserve reported today. That's the biggest increase since the March 11 earthquake in Japan.

Valinge To Unveil New Locking Technology

Viken, Sweden, Aug. 16, 2011 -- Valinge said it has developed new locking technology that "may improve the locking function and decrease the costs."

Oriental Weavers Second Quarter Profit Declines

Cairo, Egypt, Aug. 16, 2011 -- Egypt's Oriental Weavers posted a 4.4% decline in second-quarter net profit, as raw material costs offset strong sales.