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.

2Q GDP Unrevised at 3.3%

Washington, DC, September 29, 2005--Gross domestic product rose at a seasonally adjusted 3.3% annual rate in the second quarter, matching earlier estimates, according to the Commerce Department's second revision to the index.

Durable Goods Orders Up 3.3%

Washington, DC, September 28, 2005--Orders for durable goods increased 3.3% in August, according to a Commerce Department report.

Feltex Terminates Agreement with Former CEO Magill

Wellington, New Zealand, September 28, 2005 -- New Zealand’s Feltex has terminated the contract of its former chief executive, Sam Magill, after failing to reach agreement on the terms of his golden handshake.

Correction: BASF Price Increases

Charlotte, NC, September 28, 2005 -- Effective October 15, 2005, or as contracts allow, BASF will raise prices in North America on all carboxylated styrene-butadiene latex products supplied to the carpet industry by $0.06 per dry pound.

Tarkett Commercial Names Patriot Flooring as Azroc

Houston, TX, September 28, 2005 -- Tarkett Commercial announced today that Patriot Flooring Supplies of West Palm Beach, Florida, has joined the company’s distribution network and will begin distributing Azrock flooring in southern Florida.

iFLOOR.com Opens First California Store

Bellevue, WA, September 28, 2005 -- As part of its strategy of becoming a leading competitor in land-based flooring retail, iFLOOR.com is launching its fourth local center.