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.

Carpet Firms Teach Students About Green Design

Carpet Firms Teach Students About Green Design

New York, NY, May 10, 2010--Consolidated Carpet recently co-hosted a 2010 Celebrate Earth hands-on learning workshop with Bentley Prince Street at the Bentley Prince Street showroom in Manhattan.

Planned Job Cuts Hit Four-Year Low

Planned Job Cuts Hit Four-Year Low

Chicago, IL, May 10, 2010--Employers are planning fewer jobs cuts than at any time in the last four years, according to outplacement firm Challenger Gray & Christmas.

Fannie Mae Asks for More Taxpayer Help

Washington, DC, May 10, 2010--Taxpayers may have to bail out mortgage finance company Fannie Mae again as the firm has asked for more money after reporting a first-quarter loss of more than $13 billion.

Pfleiderer Posts Loss on  Lower Margins

Pfleiderer Posts Loss on Lower Margins

Neumarkt, Germany, May 7, 2010--Pfleiderer AG, parent company of Pergo, said it generated first-quarter revenue of 355.6 million euros, which is close to the 358.0 million euros of the prior-year period.

Analyst Sees Competitive Advantages for Interface

Analyst Sees Competitive Advantages for Interface

New York, NY, May 7, 2010--Flooring industry analyst Stifel-Nicolaus said that environmental and other trends are lining up to benefit Atlanta-based Interface Inc., the largest carpet tile maker in the world.

India's Carpet Exports Fell Last Year

New Delhi, India, May 7, 2010--India's carpet export declined by about 12% to $525 million in 2009-10 compared to the previous fiscal year, mainly due to less demand from its major markets like the U.S. and Europe.