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.

RPM'S Tremco Completes Acquisition of Illbruck

Medina, OH, Sept. 1--RPM International’s wholly owned subsidiary, Tremco Incorporated, has completed the acquisition of privately owned Illbruck Sealant Systems.

New Biotech Plant Coming to Tennessee

Loudon, TN, Sept. 1--With gas prices hitting $3.00 per gallon for regular, people are searching for ways to conserve. A new business coming to Loudon promises to help in that effort.

Pakistan's Carpet Exports Likely to Surpass $3

Karachi, Pakistan, Sept. 1--Pakistan Carpet Manufacturers and Exporters Association chairman Abdul Ghafoor Sajid said carpet exports are likely to surpass $300 million during current fiscal year.

Mortgage Applications Fall Despite Lower Rates

New York, Sept. 1--Applications for U.S. home mortgages fell for the second consecutive week despite a steady decline in fixed mortgage interest rates in August.

July Personal Spending Rises 1%, Incomes Increase

Washington, DC, Sept. 1--U.S. personal spending rose 1 percent for a second month in July, as consumers jammed automobile dealer showrooms to take advantage of discounts, a government report showed.

Hurricane Katrina Destroys $1 Million Carpet

Point Clear, AL, August 31--In its 158-year history, the Grand Hotel has survived fires, floods, hurricanes and two rounds of duty as a military facility.

Anderson Expands Sales Force

Clinton, SC, August 31--Anderson Hardwood Floors added four new sales managers to provide access to new markets where there¹s room for significant growth.

Judge Upholds $140,000 Award in Mold Lawsuit

Wheaton, IL, August 31--A DuPage County judge upheld a jury's $140,000 award to a family who sued a real estate company and several others after discovering their Oswego house was infested with mold.

2Q GDP Revised Down to 3.3%

Washington, DC, August 31--Gross domestic product rose at a seasonally adjusted 3.3% annual rate April through June, the Commerce Department said in its first revision of economic growth for the quarter.

Home Depot Honors Faus Group, QEP with Annual Awar

Atlanta, GA, August 31--The Home Depot awarded Techtronic Industries Co. Ltd. Its annual innovation award while Faus Group Inc. received first runner-up honors for DuPont Real Touch Elite laminate flooring.