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.

Välinge Adding Line To Produce Fiber Floors

Viken, Sweden, Jan. 31, 2011 -- Välinge said it is installing an additional advanced, full size line to produce wood fiber floors using its new powder technology.

Home Depot Makes Marketing Push to Women

New York, NY, Jan. 31, 2011 -- Home Depot is making an aggressive push to market to women through the Martha Stewart brand, according to a story in the New York Times.

Former Carpet Chain Attorney Sentenced

Cincinnati, OH, Jan. 31, 2011 -- The former house attorney for Cincinnati-based Buddy's Carpet was sentenced last week to 18 months in federal prison for his role in a company tax fraud scheme, according to Law.com.

Economic Growth Accelerates in Fourth Quarter

Washington, DC, Jan. 28, 2011 -- The U.S. economy accelerated in the fourth quarter, according to the Commerce Department.

Remodeling Index Improves in Fourth Quarter

Washington, DC, Jan. 27, 2011 -- The latest National Association of Home Builders' Remodeling Market Index edged up to 41.5 in the fourth quarter, compared to 40.8 in the third quarter.

Consumer Sentiment Revised Higher for January

Ann Arbor, MI, Jan. 28, 2011 -- Consumer sentiment edged down in January, according to the Thomson Reuters and University of Michigan survey.

Ascend Expanding Alabama Nylon Plant

Foley, AL, Jan. 28, 2011 -- Ascend Performance Materials plans to expand its plant in Foley.

Congoleum Offering Retail Incentive

Mercerville, NJ, Jan. 31, 2011 -- Congoleum is holding a promotion for retail sales people, who can earn extra money for every carton of the Connections glueless flooring they sell.

Mortgage Rates on The Rise

Washington, DC, Jan. 27, 2011 -- U.S. mortgage rates rose for the second straight week, according to Freddie Mac.

Geithner Says Moderate Recovery Underway

Davos, Switzerland, Jan. 28, 2011 -- Treasury Secretary Tim Geithner said he's confident that an economic recovery is underway.