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.

Investors Seize on Laminate Opportunities in Russi

Moscow, Russia, August 10--Foreign investors have found a new free niche on the Russian building materials market: Laminate manufacturing, according to RIA Novosti.

Mortgage Applications Off Last Week

New York, NY, August 10--Applications for home mortgages fell last week, its third consecutive drop, as refinancing activity waned and interest rates reached four-month highs, industry group figures showed on Wednesday.

Wholesale Inventories Up 0.7%

Washington, DC, August 9--Wholesalers inventories were up 0.7 percent in June, while wholesale sales rose 0.6 percent, according to the Commerce Department.

Tarkett Commercial Products Receives RFCI FloorSco

Houston, Texas, August 9--Tarkett Commercial is one of the first flooring manufacturers to be awarded FloorScore certification for all its commercial products throughout North America and Europe.

Pakistan's Carpet Exports Could Top $1B

Lahore, Pakistan, August 9--Pakistan's carpet exports could surpass the US$1 billion mark with the introduction of a strategic plan that covers the entire industry.

BASF Increasing Styrene Butadiene Latex Prices for

Charlotte, NC, August 9--Effective September 1, 2005, or as contracts allow, BASF will raise prices in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymers supplied to the carpet industry by four cents per dry pou

ASID Foundation Names Ray Anderson Trustee

Washington, DC, August 9--The ASID Foundation, Inc. has named new members of its board of trustees.

May Department Stores 2Q Earnings Drop

St. Louis, MO, August 9--May Department Stores reported second quarter earnings that fell by nearly half from the year before, hurt by expenses from its planned merger with Federated Department Stores.

Coveright Mulls Expansion at South Carolina Plant

Columbia, SC, August 9--Coveright Surfaces doesn’t make hardwood flooring and cabinets, but its 145 employees in Blythewood produce the wood-grain illusion.

Productivity Growth Slows

Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.