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.

Maine Retailer also an Artist

Eliot ME, January 10--Located at the end of a typical industrial park building, Carpet by the Yard appears to be a normal small business with stacks of tile samples by the front door, according to The Portsmouth, Maine Herald.

President Urges Asbestos Resolution

Washington, DC, January 10--President Bush on Friday urged Congress to pass federal legislation to resolve asbestos litigation that could end up costing U.S. companies $200 billion.

Office Vacancy Drops in 4Q

New York, NY, January 7--Companies have contracted got more office space in the fourth quarter than they have in any quarter in the past four years, pushing vacancies down sharply.

American Capital Invests $39M in Halex & Capitol U

Bethesda, MD, January 7--American Capital Strategies Ltd. said that in December 2004 it invested an additional $39 million in its portfolio company Halex Corp. to refinance existing debt and to support the acquisition of Capitol USA.

Nardelli Steps down from Coke Board

Atlanta, GA, January 7--Robert Nardelli will resign from the board of Coca-Cola to concentrate on his job as chief executive of Home Depot, the home improvement retailer.

Alloc Files Infringement Action Against Kronotex i

Racine, WI, January 7--On December 20th, 2004, Alloc Inc., Berry Finance NV and Välinge Innovation AB filed a complaint alleging patent infringement against Kronotex US for its sales of the Easy Lock Flooring product in the district court for the northern

Homebuilders: Multifamily Housing Trending Up

Washington, DC, January 6--Apartment and condo builders are optimistic that the multifamily housing market will continue to strengthen over the next six months, according to the latest Multifamily Market Index.