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.

Pakistan’s Carpet Industry Attracts Chinese

Lahore, Pakistan, February 22, 2006--The vice-governor of Qinghai province of China, Lou Yulin, has said the handmade carpet industry of Pakistan has a lot of scope for Chinese entrepreneurs who could win the global market once the two countries join hand

Pennsylvania Governor Hastens Redevelopment of Fo

Harrisburg, PA, February 22, 2006--Pennsylvania governor Edward G. Rendell today announced plans to help speed up the redevelopment of 47 acres at the former Armstrong World Industries manufacturing site in Lancaster.

Chain Store Sales Up Last Week

New York, NY, February 22, 2006--Chain store sales rose slightly in the latest week after dipping in the prior week due to pent-up demand, according to a report on Wednesday.

Hovnanian Expects to Meet 1Q Guidance

Red Bank, NJ, February 22, 2006--Homebuilder Hovnanian Enterprises Inc., said its first-quarter net profit would meet or slightly exceed its previous forecasts of $1.10 per share to $1.25 per share.

Tennant’s Q4 Earnings Up

Minneapolis, MN, February 21, 2006--Tennant Company reported net earnings of $6.4 million, or $0.70 per diluted share, on net sales of $152 million for its fourth quarter ended December 31, 2005.

Leading Indicators Up Sharply in January

New York NY, February 21, 2006--The Conference Board announced today that the U.S. leading index increased 1.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.7 percent in January.

Wal-Mart 4Q Earnings Rise 13.4%

Bentonville, AR, February 21, 2006-- Wal-Mart posted higher quarterly profit as an aggressive holiday advertising campaign drove demand for laptop computers and gift cards in the biggest shopping period of the year.

Dow Touts Polyurethane Backing for Healthcare

Dalton, GA, February 21, 2006--For a healthy floor, the Dow Chemical Company prescribes carpet backed with its high-performance polyurethane technology. Healthcare facilities demand flooring that can handle a host of specific issues from hygiene to durabi

Raftery Named DFS Commercial President

Foster City, CA, February 21, 2006--Commercial flooring products and services company DFS Commercial, Inc., announced the appointment of Tim Raftery as president.

New Mat Said to Stop 80% of Household Dirt

Newport, MI, February 21, 2006--One of life's constant struggles -- keeping carpets, rugs and floors clean -- may now be a thing of the past thanks to an innovative new floor mat system that keeps the dirt outside.