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.

Foamex to Use Sales Proceeds to Repay Loan

Foamex to Use Sales Proceeds to Repay Loan

Linwood, PA, October 12, 2007--Foamex said it will use net proceeds of approximately $9.7 million from the previously announced sale of its stand-alone carpet cushion facilities towards a repayment of its first lien term loan.

Retail Sales Up 0.6% in September

Retail Sales Up 0.6% in September

Washington, DC, October 12, 2007—Retail sales rose 0.6% in September on strong demand for cars and gasoline, according to the Commerce Department.

Flooring America Launches Shop at Home Service

Flooring America Launches Shop at Home Service

Manchester, N.H. October 12, 2007-- Flooring America and Flooring Canada will roll out a Shop At Home service this month to meet the booming demand for this fast-growing segment of the flooring industry.

UN Official to Open Greenbuild Forum

UN Official to Open Greenbuild Forum

Washington, DC (October 10, 2007) – United Nations Under-Secretary-General Alicia Bárcena Ibarra will open the inaugural Greenbuild International Forum during the U.S. Green Building Council’s (USGBC) annual conference in Chicago.

Solutia Fights Bank Over Debt Claim

Solutia Fights Bank Over Debt Claim

New York, NY, October 12, 2007--Solutia says a group of bondholders led by Bank of New York Mellon Corp. is exaggerating by more than $40 million the amount of debt the specialty-chemicals company owes it.

Centex Financial Picture Deteriorates

Centex Financial Picture Deteriorates

Dallas, TX, October 12, 2007--Centex Corp. said it expects to record an impairment of about $850 million for the second quarter related to neighborhood and land inventory.