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.

Texas Invista Plants Closing for Ike

Houston, TX, Sept. 12, 2008--Koch Industries subsidiary Invista has begun to shut down temporarily three of its plants in south Texas because of hurricane Ike and told those employees not to report for work today.

Teragren Raising Bamboo Prices

Teragren Raising Bamboo Prices

Bainbrdge Island, WA, Sept. 11, 2008 – Bamboo specialist Teragren said it is raising prices for its flooring products by approximately 8.5 percent effective Oct. 1.

Foreclosure Filings Increase at Slower Pace

Irvine, CA, Sept. 12, 2008--August foreclosure filings increased 27 percent compared to the same month a year ago, a much slower pace than in previous months, according to RealtyTrac Inc.

Capel Adds Two New Rug Galleries

Capel Adds Two New Rug Galleries

Troy, NC, Sept. 12, 2008--Rug manufacturer and importer Capel Rugs has opened two new rug galleries that expand the company’s presence in the South and Midwest.

Zebra Rugs at Penney Being Recalled

Washington, DC, Sept. 12, 2008--About 2,000 JLA Home zebra rugs sold at JC Penney stores are being recalled because they do not meet the federal flammability standard for small rugs and do not have the required flammability warning label.

Four Democrats Want Foreclosure Freeze

Washington, DC, Sept. 12, 2008--Four Democratic senators urged the mortgage companies Fannie Mae and Freddie Mac on Thursday to temporarily freeze foreclosures on loans they hold.

Bentley Prince Street Named a Best Place to Work

Bentley Prince Street Named a Best Place to Work

City of Inustry, CA, Sept. 10, 2008--For the second year in a row, California carpet manufacturer Bentley Prince Street has been named one of the Best Places to Work in Los Angeles in 2008 by the Los Angeles Business Journal.