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.

Toll Brothers' Profits Jump

Huntingdon Valley, PA, Aug. 27--Toll Brothers Inc., a builder of luxury homes, Tuesday said profit jumped 27 percent during its latest quarter amid a surge in housing sales and contracts.

Employees Expect Heavy Turnover When Job Market Im

Alexandria, VA, Aug. 26--The majority of HR professionals and employees agree that turnover will rise significantly once the job market improves, which both believe will most likely improve in the next year according to the latest Job Recovery Survey.

Orders For Durable Goods Rise

Washington, DC, Aug. 26--Demand for big-ticket items increased for the second straight month in July, another encouraging sign for the manufacturing sector.

Tarkett Sommer Subsidiary Completes Offer For Domc

Montreal, Aug. 26--Tarkett Sommer announced today that its indirect subsidiary, 4158148 Canada Inc. (the "Offeror"), has successfully completed its offer for all the outstanding Common Shares of Domco successfully completed its offer for all the outstandi

TieTek Recycles Carpet Into Railroad Ties

Houston, TX, Aug. 26--North American Technologies Group says it has acquired a 200,000-square-foot plant on 40 acres of land near the East Texas city of Marshall where it will manufacture railroad crossties from recycled plastics and scrap tires, as repor

How Safe Is Your Floor Cleaner?

Southlake, TX, Aug. 26--Many household cleaning products leave floors more slippery than they were before cleaning, the National Floor Safety Institute (NFSI) reported this week.

Pillowtex Petitions Court On Health Costs

Kannapolis, NC, Aug 25--Pillowtex Corp., a maker of towels and bedding that closed all 16 of its plants, said on Monday that it has petitioned the bankruptcy court to address unpaid employee medical claims and keeping key employees.

Solutia Ratings Update

Chicago, IL, Aug. 22--Fitch Ratings maintains the Rating Watch Negative status on Solutia Inc.'s (Solutia) senior secured bank facility (revolver) rating of 'B-', senior unsecured debt and senior secured notes rating of 'CCC'.