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.

Efficiency's Key For Award Hardwood

Wausau, WI, July 17--Award Hardwood Floors of Wausau has been in business only since 1997, but even in that short time, the company has made many changes to its product designs and manufacturing processes.

Lowe's Looking To Compete In Installation

Atlanta, GA, July 17--Lowe's and Home Depot want to bring their battle for home improvement supremacy into your house or condo, according to the Atlanta Journal-Constitution.

Interceramic Has Disappointing Quarter

Chihuahua, Mexico, July 16--The second quarter of 2003 -- traditionally the slowest quarter of the year for Interceramic (NYSE:ICM) -- saw sales increase slightly from the same period in 2002 but not up to the Company's expectations for the quarter.

Timing Of Asbestos Bill Uncertain

Washington, DC, July 16--An asbestos compensation bill could reach the Senate floor before September, the chamber's majority leader said Tuesday, but other senators and aides were skeptical it could be scheduled that soon.

Armstrong Watching Progress Of Asbestos Bill

Macon, GA, July 16--As Armstrong World Industries attempts to surface from Chapter 11 bankruptcy, some say a proposal to create a separate court for asbestos litigation may offer relief, according to the Macon Telegraph.

Activist Disputes Tarkett Sommer's Buyout Plan

Montreal, Canada, July 16--Shareholder rights activist Stephen Jarislowsky has accused French-German flooring company Tarkett Sommer AG of making a "totally unfair" offer to buy out the minority shareholders...

Burlington Shareholder Seeks Company Inquiry

Greensboro, NC, July 16--A shareholder wants the court overseeing Burlington Industries Inc.'s Chapter 11 case to allow an investigation into the company and Chief Executive George Henderson.

Domco Tarkett Board Recommends Acceptance Of Tarke

Farnham, Quebec, July 15--Domco Tarkett Inc. announced today that its Board of Directors recommends that the minority shareholders accept the offer of Tarkett Sommer AG announced on April 30, 2003 and tender their common shares.

Home Depot Store Expansion On Track

Atlanta, GA, July 15--Home Depot Inc. Chairman Robert Nardelli said on Tuesday that the retailer was not backing off its plans to open 200 stores and hire 40,000 workers in 2003.