Today's Flooring News

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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.

Pulte 1Q Up 20%

Bloomfield Hills, MI, April 27, 2006--Home builder Pulte Homes said first-quarter earnings climbed 20% as the company moved more homes than in the year-ago period.

Chinese Wood Producer Gains Ground With Alliance

Beijing, China, April 27, 2006--Leading Chinese wood floorcovering provider, Power Dekor, plans to double its output of multi-layer parquet under the Swedish brand of Kahrs to 3 million square metres by the end of the year.

Floor Warming a Hot Trend in Home Improvement

Atlanta, GA, April 27, 2006--Whether fueled by the proliferation of home improvement shows or the growing popularity of design and decorating magazines, American consumers have seemingly insatiable appetite for luxury upgrades in their homes.

Dow Chemical’s 1Q Earnings Off

Midland, MI, April 27, 2006--Dow Chemical Co., reported first-quarter net income fell 10% on 3% higher revenue. Net fell to $1.21 billion, or $1.24 a share, from $1.35 billion, or $1.39, in the year-earlier period.

Pergo Holds Annual General Meeting

Stockholm, Sweden, April 27, 2006--Pergo's annual general meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet.

Interface Reports 1Q Results

Atlanta, GA, April 26, 2006--Interface, Inc., today announced results for the first quarter ended April 2, 2006. Sales in the 2006 first quarter rose 6.8% to $250.6 million from $234.7 million in the year ago period.

Congoleum Not in Compliance for Amex Listing

Mercerville, NJ, April 26, 2006--Congoleum Corp., said it has received a letter from the American Stock Exchange (Amex) indicating that it does not meet the minimum income and stockholders' equity requirements for continued listing on the Amex.

New Home Sales Jump 13.8%

Washington, DC, April 26, 2006--New home sales unexpected increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, according to a Commerce Department report.