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.

Feltex Hopes Restructuring Will Increase Earnings

Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.

Construction Spending Up in August

Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.

Home Depot Closer to Opening in China

Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.

Unilin Pushes Forward With ITC Case

Thomasville, North Carolina, October 3, 2005 – Less than two months after the institution by the International Trade Commission of its investigation called ‘Certain laminated floor panels,’ 19 of the 32 parties have already chosen to drop out of the case.

CCA/FCIF Golf Tournament Raises over $130,000

Atlanta, GA, October 4, 2005--For the third year in a row, CCA Global Partners executives and floor covering industry colleagues gathered in Atlanta for the Annual CCA Global Partners/FCIF Charity Golf Tournament.

Forbo Opts Out of Surfaces 2006

Hazleton, PA, October 3, 2005--Forbo Flooring, after many years as a steady exhibitor at Surfaces, has decided not to exhibit in 2006.

Keith Campbell to Speak at Benefit

Pound Ridge, NY, Oct. 4, 2005--Mannington Mills chairman Keith Campbell will be the guest speaker at an October 26 fund raiser for the Floor Covering Industry Foundation.

Senators Asked to Prepare for Asbestos Vote

Washington, DC, October 4, 2005 -- Leaders of the Senate Judiciary Committee have asked senators to prepare amendments in case legislation to create a $140 billion asbestos compensation fund is brought up for a vote this month.