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.

Trade Deficit Falls to Five Year Low

Washington, DC, Jan. 13, 2009--The trade deficit fell to the lowest level in five years in November as demand for oil dropped by a record amount. Imports from China also fell by the largest amount on record.

Wear-Dated Giving Retail Seminar at Surfaces

Kennesaw, GA, Jan. 13, 2009--Wear-Dated carpet’s director of In-Store Innovation, Christine Whittemore, will present “Your Customer’s Experience: How Much Is It Costing You?” at Surfaces 2009 next month.

Valinge Signs Two Chinese Firms

Viken, Sweden, Jan. 13, 2009--Välinge has two new license agreements for mechanical locking systems with the Chinese companies Dalian Turuss International Co., Ltd. and Riverside Plywood Corporation.

Beazer Home Closings Cut in Half

Beazer Home Closings Cut in Half

Atlanta, GA, Jan. 13, 2009--Beazer Homes said that home closings for the quarter ended Dec. 31 totaled 938, a 53.2% decline from 2,006 homes closed during the same period in the prior fiscal year.

Retired Engineer Behind New Recyclable Carpet

Centreville, DE, Jan. 12, 2009--Retired DuPont Co. engineer Dimitri Zafiroglu is the key development force behind a carpet that's designed to eliminate some of the stubborn hurdles to successful carpet recycling, according to a story at Delaware.online.

Oil Prices Back Below $40 on Production Fears

New York, NY, Jan. 12, 2009--Crude oil prices fell below $40 in New York on concern that production cuts by the Organization of Petroleum Exporting Countries will fail to counter a slump in demand.

Gulistan Closing North Carolina Plant

Turnersburg, NC, Jan. 9, 2009--Gulistan Carpet will close its Turnersburg plant in Iredell County next month, according to the Statesville Record & Landmark.