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.

Market for Green Homes Expected to Boom

Market for Green Homes Expected to Boom

New York City, October 22, 2007--A new report by McGraw-Hill Construction and the National Association of Home Builders shows that the market for “green” homes is rising as consumers become aware of the issues and options available.

Legend Capital Invests in Shanghai New Sihe Wood

Legend Capital Invests in Shanghai New Sihe Wood

Shanghai, China,October 22, 2007-- Legend Capital, a venture capital vehicle of Legend Holdings Limited, and several foreign venture capital firms have invested $20 million into Shanghai New Sihe Wood Co., Ltd.

INSTALL Adds Five Alliance Members

INSTALL Adds Five Alliance Members

Philadelphia, PA, October 22, 2007--Five representatives of the flooring industry are the newest members of the INSTALL community: Dayton Superior, GAF-ELK, Graf Brothers Flooring and Lumber, Lewis G. Migliore & Associates, and Kahrs International.

Mohawk Downgraded by Morgan Keegan

Mohawk Downgraded by Morgan Keegan

New York, October 22, 2007--Analysts at Morgan Keegan downgrade Mohawk Industries Inc (MHK.NYS) to "market perform," while reducing its estimates for the company.