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.

Nourison Breaks Ground for New Facility

Calhoun, GA, May 26, 2006--Nourison Rug Corp., broke ground Wednesday for a 300,000-square-foot warehouse and distribution facility on U.S. 41 at Union Grove Road.

Kronospan Seeking Government Incentives

Bratislava, Slovakia, May 26, 2006--Kronospan wants to invest more than Sk12bn in Slovakia asking the government for investment incentives worth Sk3.64bn, says a document published by the Economy Ministry.

Teragren Signs With Distributor T&A Supply

Bainbridge Island, Washington, May 25, 2006--Teragren, manufacturer of environmentally-friendly bamboo flooring, panels and veneer, announced that it has signed an agreement with T&A Supply to exclusively provide Teragren bamboo flooring products to T&A’

Domotex Middle East Feeds Construction Boom

Dubai, United Arab Emirates, May 25, 2006--The Gulf's booming construction industry is paying rich dividends for international and domestic carpet and floor covering manufacturers.

Lowe's Announces 2-for-1 Stock Split

Charlotte, NC, May 25, 2006--Lowe's board of directors has announced a two- for-one split of its common shares. Shareholders will receive one additional share for each share held as of the June 16, 2006 record date.

Help-Wanted Advertising Index Dips

New York, NY, May 25, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America--dipped two points in April.

1Q GDP Revised Up to 5.3%

Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.

House R&D Funds Vote Cheers Manufacturers

Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl