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.

Pfleiderer Revenues Fall in First Quarter

Pfleiderer Revenues Fall in First Quarter

Neumarkt, Germany, May 21, 2009--Pfleiderer AG, parent of laminate firm Pergo, in the first quarter posted revenue of 358.0 million euros $489.2 million), 23.5 percent below the level posted in the first quarter of last year.

Toll Revenues Slide, CEO Sees Glimmer of Hope

Toll Revenues Slide, CEO Sees Glimmer of Hope

Horsham, PA, May 20, 2009--Luxury homebuilder Toll Brothers, Inc. reported that preliminary second quarter home building revenues of approximately $398.3 million (648 units) was down 51% on 47% fewer homes.

Mortgage Applications Up on Increased Refinancing

Mortgage Applications Up on Increased Refinancing

Washington, DC, May 20, 2009--Mortgage application volume last week rose a seasonally adjusted 2.3% compared with the week before, as mortgage rates fell, the Mortgage Bankers Association reported Wednesday.

Home Building Getting Greener

Home Building Getting Greener

Washington, DC, May 20, 2009--As builders and remodelers retool their businesses in a tight credit market and recapture the interest of jittery consumers, this spring is the greenest yet for the nation's home building industry.