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.

DuPont Lands Arbitration Award

Greensboro, NC, June 18--An arbitration panel awarded about $16 million in damages to DuPont Co. in its arbitration case with Unifi Inc. over their manufacturing alliance, Unifi said.

DuPont Successfully Completes Tender Offer

Wilmington, DE, June 17—DuPont today announced that DCI Acquisition Inc., a subsidiary of DuPont, has successfully completed the tender offer for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates.

Pergo Unsure About Expansion Plans

Garner, NC, June 17--Swedish floor maker Pergo is still considering increasing its U.S. manufacturing capacity despite the recent collapse of its plans to take over a rival, but whether that will lead to an expansion of its Garner plant remains a question

Shaw Debuts New Commercial Lines

Dalton, GA, June 17--Shaw S|C, a leader in carpet design and sustainability, is proud to bring three innovative lines to the floor covering industry.

Builder Confidence Rises

Washington, DC, June 16--Indicating that the lowest mortgage rates in nearly half a century are providing solid motivation for home buyers, builder confidence in the market for new single-family homes rose strongly in June to pre-war levels, the National

LDBrinkman To Liquidate Sacramento Inventory

Sacramento, CA, June 17--Flooring wholesaler LD Brinkman is liquidating its entire inventory including goods in its Sacramento warehouse, where it has laid off about 20 people, according to the Sacramento Bee.

Pergo Writes Down Value Of Its Witex Shares

Trelleborg, Sweden, June 16--The Pergo Board of Directors has decided to make a complete write-down of the value of its shareholding of 25.1 percent in Witex. This is due to the preliminary bankruptcy of Witex AG.