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.

New Home Sales Decline in January

Washington, DC, Feb. 26, 2009--Sales of new homes fell 10.2% in January to a record seasonally adjusted annual rate of 309,000, the Commerce Department estimated Thursday.

Milliken To Cut Workforce Worldwide

Spartanburg, SC, Feb. 25, 2009--Milliken & Co. said Tuesday it will lay off about 650 employees, or 6.5 percent of its work force, because of worsening economic conditions.

Home Resales Fall in January

Washington, DC, Feb. 25, 2009--The National Association of Realtors said Wednesday that sales of existing homes fell 5.3 percent to an annual rate of 4.49 million last month.

Foamex Gets Court Approval To Access DIP Money

Media, PA, Feb. 25, 2009--Foamex International Inc. said Tuesday that it has received approval from a U.S. bankruptcy court to access financing that will allow the company to continue operating normally while it restructures its debt.