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.

Domco Announces Price Increases

Farnham, Quebec, Jun. 9--Domco will increase prices from 2% to 6% on selected resilient flooring products, effective August 1, 2004.

KB Home Buys Midwestern Homebuilder

Los Angeles, CA, Jun. 8--Furthering the company's Midwest expansion, KB Home reported Tuesday it acquired privately held Dura Builders Inc., an Indianapolis-based homebuilder with 2003 revenues of more than $75 million.

2004 Could Be Record Year for Existing-Home Sales

Washington, DC, Jun. 9--Unexpectedly strong job growth will buffer the impact of higher interest rates and help to push existing-home sales to a record in 2004, according to the National Association of Realtors.

Consumer Borrowing Growth Slows

Washington, DC, Jun. 8--Consumers slowed the growth of their borrowing in April, taking on even less new debt than analysts expected.

Shaw Launches the New Couture

Dalton, GA, June 8--Shaw has announced the introduction of Couture...Elegant Floors by Shaw, an updated version of Couture by Sutton.

Home Depot Canada Woos the Do-It-For-Me Crowd

Toronto, Ontario, Jun. 8--Home Depot Canada, whose roots are in do-it-yourself home improvement, is boosting its business by chasing the do-it-for-me baby boomer customer who wants more services from the retailer.

Kentucky Wood Floors Acquired by Koetter Woodworki

Borden, IN, Jun. 7--Koetter Woodworking annaunced that it has acquired substantially all of the assets of Kentucky Wood Floors. Kentucky Wood Floors was founded in 1977 and manufactures and markets a broad range of finished and unfinished hardwood floorin