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.

Solutia Selects Voss As President of Flexsys

St. Louis, MO, March 7, 2007--Solutia today announced that James R. Voss will become president of Flexsys, upon completion of the acquisition of the 50 percent of Flexsys that Solutia does not currently own.

Iran: Persian Carpet Production Shrinks

Tehran, Iran, March 7, 2007--According to the Soleiman Madadpour, the Managing Director of the Company for Export Development and Carpet Evaluation revealed that the carpet production in Persia has decreased a lot.

ServiceMaster Gets Bid From Clayton-Dubilier, Bain

Downers, Grove, IL, March 6, 2007--ServiceMaster Co., which put itself up for sale last year, is drawing interest from at least two buyout groups that may bid more than $4 billion, four people with knowledge of the discussions said.

Downtown Dwelling Goes Green

Spokane, OR, March 6, 2007--Downtown dwelling is on the rise, and with it a trend toward health and sustainability among new urbanites seeking to simplify and streamline their lives.

U.S. Treasury Sec. Says Housing Risk Contained

Tokyo, Japan, March 6, 2007--U.S. Treasury Secretary Henry Paulson said on Tuesday that a weakened housing market will not have a major impact on the U.S. financial sector, which he described as quite healthy.

Bassett Sees Lower 1Q Sales, Shuts Plant

Bassett, VA, March 6, 2007--Bassett Furniture Industries Inc. said Monday a steady drop in demand sent fiscal first-quarter sales sharply lower and led the company to shut down its hometown manufacturing plant.

Dennis Poole Joins Omnova Solutions

Fairlawn, Ohio, March 6, 2007--Omnova Solutions Inc., a provider of decorative, functional laminates, said Dennis Poole has been hired as the national design specification manager for its RV & manufactured Housing products.

Remodeling Market Remains Steady

Remodeling Market Remains Steady

Washington, DC, March 6, 2007--Remodeling activity remained steady in the fourth quarter of 2006, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI).