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.

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.

Supreme Court Hears Mohawk/RICO Detail

Washington, DC, April 27, 2006--Yesterday the Supreme Court heard the Mohawk Industries case, probing whether federal racketeering laws, originally enacted to combat organized crime, can apply to corporations.

Beazer 2Q Earnings Up, Outlook Cut

Atlanta, GA, April 27, 2006--Beazer Homes USA Inc., on Thursday posted better-than-expected earnings for the second quarter, but said orders for new homes fell and the homebuilder revised its outlook for the full-year lower.

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.

DomotexAsia/ChinaFloor Attendance Up

Shanghai, China, April 27, 2006--DomotexAsia/ChinaFloor 2006 was able to chalk up several new records at the end of its Shanghai run from 28 to 30 March, with organizers reporting double-digit growth rates for Asia's biggest floor coverings show.

FTC OKs Mohawk/DuPont Temporary Fiber Designation

Washington, DC, April 26, 2006--The Federal Trade Commission granted Mohawk Industries Inc., Dupont Co. and PTT Poly Canada a temporary alphanumeric designation for a new fiber product they have created.

Faus Group Acquired by Top Management

Valencia, Spain, April 26, 2006--Faus Group announced today that the company has been bought by the top Faus management, led by Juan Negre, chairman and CEO of Faus Group, in conjunction with a financial group and an investment group from Spain.