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.

Builder Lennar Swings to Second-Quarter Profit

Miami, FL, June 24, 2010--Homebuilder Lennar Corp. said net income totaled $39.7 million, or $0.21 per share, in the period ended May 31 compared to a loss of $125.2 million, or $0.76 a share, the same quarter last year.

Architecture Billings Index Falls in May

Architecture Billings Index Falls in May

Washington, DC, June 23, 2010--The Architecture Billings Index, a leading indicator of U.S. nonresidential construction spending, fell in May after three months of gains, according to the American Institute of Architects.

Shaw Using New Carpet Tile Recycling System

Shaw Using New Carpet Tile Recycling System

Augusta, GA, June 24, 2010--To increase its efficiency and its ability to recycle its EcoWorx carpet tiles, Shaw Industries has switched to a new shredding and granulating system that keeps temperatures lower, according to Plastics News.

H.B. Fuller Reports Higher Sales, Lower Income

St. Paul, MN, June 23, 2010--H.B. Fuller Company reported net income for the second quarter of $11.0 million, or $0.22 per share, versus $17.6 million, or $0.36 per share, in last year's second quarter.

CEOs Grow More Optimistic About Hiring

New York, NY, June 23, 2010--A new survey by the Business Roundtable shows that the number of CEOs planning to increase hiring is at the highest level since mid-2007.

Q.E.P. Income Down in Quarter on Record Sales

Boca Raton, FL, June 23, 2010--Q.E.P. Co. reported that net income for the first quarter of fiscal 2011 was $1.9 million, or $0.56 per share, as compared to $2.3 million, or $0.64 per share, for the first quarter of fiscal 2010.

Sales of New Homes Hit Record Low

Sales of New Homes Hit Record Low

Washington, DC, June 23, 2010--Sales of new single-family houses fell a record 33% in May to a record-low, according to the Commerce Department.