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.

Wilbur Ross Shows Interest in Collins & Aikman Cor

New York, NY, September 16, 2005--Investor Wilbur Ross, known for buying ailing companies and turning them around, expressed an interest on Thursday in bankrupt auto parts supplier Collins & Aikman Corp.'s U.S. units.

Globus Cork Earns Award for Cork Flooring

New York, NY, September 16, 2005--Globus Cork announced that it won the Most Valuable Product Award for 2005, presented by Hanley Wood, which publishes 22 magazines in the building and construction industry, for both the commercial and residential markets

Business Inventories Off 0.5%

Washington, D.C., September 15, 2005—Business inventories unexpectedly fell by 0.5% in July, led by a drop in motor vehicles and parts, the Commerce Department said Thursday.

Consumer Price Index Up 0.5%

Washington, D.C., September 15, 2005-- Core inflation remained contained in August, with the core consumer price index rising 0.1% for the fourth straight month, the Labor Department reported Thursday.

Concrete Polishing Means Sparkling Floors, Lower M

Knoxville, TN, September 14, 2005--Manufacturing CEOs and facility executives are taking a shine to the hottest new facility flooring phenomenon sweeping North America producing cost-savings averaging 47.4 percent over a 12-year period.

Total Retail Sales Off 2.1%

Washington, D.C., September 15, 2005--Retail sales fell 2.1% in August, the biggest decline in nearly four years as auto sales fell a record 12%, according to the Commerce Department.

Katrina and Commercial Real Estate

Washington, D.C., September 15, 2005--The demand for commercial real estate space has spiked in regions surrounding the Hurricane Katrina disaster zone.