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.

NAM Praises President On Estate Tax

Washington, DC, May 4, 2006--The National Association of Manufacturers (NAM) applauded President Bush’s call for Congress to permanently repeal the estate tax in his remarks to the American Council of Engineering Companies today.

CARE Conference Offsets Pollution Caused by Event

Pine Mountain, GA, May 1, 2006--Leonardo Academy announced today that the Carpet America Recovery Effort (CARE) Conference in Callaway Gardens, Georgia has gained Cleaner and Greener certification, meaning all pollution caused by energy use at the event h

Big Retailers See Strong April Sales

New York, NY, May 4, 2006--Retailers posted strong gains in April, as a late Easter and apparel-shopping surge outweighed concerns over gasoline prices and rising interest rates.

Sears Canada Shareholders Dispute Valuation

Chicago, IL, May 4, 2006--Pershing Square Capital Management, the hedge fund that has opposed Sears Holdings Corp.'s C$892 million ($807 million) plan to buy out Sears Canada Ltd, said that the bid significantly undervalues the stock.

Initial Jobless Claims Up 5,000

Washington, DC, May 4, 2006--First-time applications for unemployment benefits drifted higher by 5,000 last week to 322,000, the highest level since Nov. 19, the Labor Department reported Thursday.

Hellenic Rug Expands AmericasMart Showroom

Atlanta, GA, May 3, 2006--Hellenic Rug Imports has expanded its AmericasMart Atlanta showroom to a 6,600 square feet. The company has expanded its AmericasMart facilities annually since 2000.

Clinch Mountain Expands Hardwood Plant

Lebanon, VA, May 3, 2006--Clinch Mountain Finishing & Logistics, a hardwood flooring manufacturer, will expand its Russell County facility, creating 220 jobs, Gov. Timothy M. Kaine announced Tuesday.