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.

Feltex Sees Improved Conditions

Wellington, New Zealand, June 7, 2006--Beleaguered carpet maker Feltex is working to reduce its debt and has assured shareholders that market conditions are continuing to improve.

AFCA Honors James M. D. Maloney

Phoenix, Ariz., May, 2006--Arizona Floor Covering Association will be honoring James M. D. Maloney, president of United Freight Service, Inc., as the “AFCA Person of the Year 2006” at the awards dinner to be held on November 10, 2006.

A Marriage of Business and Marriage

Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.

Home Depot Defends Bank Purchase

Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.

Residential Green Building To $19-$38 Billion By 2

Washington, DC, June 6, 2006--Results of a McGraw-Hill Construction/National Association of Home Builders (NAHB) survey indicate that 2005 saw a 20 percent increase in the number of home builders producing green, environmentally responsible homes.

Solutia Raises Price for Nylon Carpet Fibers

St. Louis, MO, June 6, 2006--Solutia Inc., announced today that it will increase the price on all nylon carpet fiber products by 5 to 7 percent for all shipments on or after July 5, 2006.

Home Sales Settling, Appreciation Slowing

Washington, DC, June 6, 2006--The housing boom has ended but sales at historically healthy levels will continue, and price appreciation will return to normal patterns across much of the country, according to the National Association of Realtors.