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.

NAR: Home Sales Steady For Balance of Year

Washington, DC, August 8, 2006--The housing market is in a process of stabilizing with little change in overall sales volume expected over the balance of the year, according to the National Association of Realtors.

Stanton Carpet Recapitalized by Linsalata Capital

New York, NY, August 8, 2006--Goldsmith Agio Helms has announced the recapitalization of its client, Stanton Carpet Corporation by Linsalata Capital Partners, a middle market-focused buyout firm based in Cleveland, Ohio.

Companies Turn to Workforce Planning

New York, August 7, 2006--An aging workforce and an emerging "baby boom" retirement wave are driving more companies toward "strategic workforce planning," The Conference Board reports today in a new study.

AIA, NAC, and YAF Announce Emerging Professionals

Washington, DC, August 7, 2006--The American Institute of Architects (AIA), National Associates Committee (NAC), and Young Architects Forum (YAF) announced the recipients of the 2006 Emerging Professionals Awards.

Godfrey Hirst Defends Feltex Offer

Auckland, New Zealand, August 4, 2006--Leading Australian carpet manufacturer Godfrey Hirst says its offer for Feltex remains far better than a new proposal which emerged on Thursday.

Factory Orders Up

Washington, DC, August 3, 2006--Factory orders rose 1.2% in June as new orders for ships more than doubled, the Commerce Department said Thursday.

Godfrey Hirst Set for Feltex Takeover

Wellington, New Zealand, August 3, 2006--Australian company Godfrey Hirst is on the verge of striking a deal to rescue carpet maker Feltex, sources close to the deal say.

Core inflation Inches Up in June

Washington, DC, August 1, 2006--Core consumer inflation matched an 11-year high in June, keeping the pressure on the Federal Reserve to fight inflation, the Commerce Department reported Tuesday.

Federated OKs Lord & Taylor Sale

Cincinnati, OH, August 1, 2006--Federated Department Stores Monday received approval for its plans to sell its 48-store Lord & Taylor department store chain to a private guilty group and a real estate developer.

Manufacturing Activity Up in July

Washington, DC, August 1, 2006--A key gauge of strength of the U.S. factory sector picked up unexpectedly in July, the Institute for Supply Management reported Tuesday.