Today's Flooring News

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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.

EPA’s Proposal Will Provide Real Benefits

Washington, DC, November 14, 2006--In comments submitted on the Environmental Protection Agency’s (EPA) New Source Review proposal, the National Association of Manufacturers urged the EPA “to continue efforts that will simplify the regulatory permitting p

Survey: Percentage of First-Time Home Buyers Down

New Orleans, LA, November 13, 2006--Despite low mortgage interest rates, a smaller percentage of first-time home buyers are entering the market, according to an annual profile of buyers and sellers released by the National Association of Realtors.

Wholesale Inventories Rise to One-Year High

Washington, DC, November 9, 2006--Inventories at U.S. wholesalers rose to their highest level in relation to sales in more than a year in September, the Commerce Department reported Wednesday.

Home Depot to Spend $350 M to Revamp Stores

Atlanta, GA, November 8, 2006--The Home Depot has pledged to spend $350 million in the second half of this year to lure more customers in the midst of a cooling U.S. housing market that is crimping business at home improvement retailers.

Builders: Housing Slowdown Continues

Chicago, IL, November 8, 2006--Three leading home builders warned that the slowdown in the country's once-soaring real estate market continued in the latest quarter as deteriorating consumer confidence and falling prices cast a growing pall over the s

Hovnanian Sees 4Q Net Loss

Red Bank, NJ, November 8, 2006--Homebuilder Hovnanian Enterprises Inc. said it expects to post a net loss in its fiscal fourth quarter, including charges totaling about $300 million.

Federated Posts 3Q Loss of $3 Million

Cincinnati, OH, November 8, 2006--Federated Department Stores Inc., owner of the Macy's and Bloomingdale's chains, on Wednesday said it lost $3 million in the third quarter.

Mannington Participates in Cold Climate Housing Ce

Calhoun, GA, November 8, 2006--Mannington was one of the many companies on hand to congratulate all the people and organizations involved in building the new Research and Testing Facility at the Cold Climate Housing Research Center on the campus of the Un

Tarkett JV Clarion Boards Gets Preliminary Expansi

Clarion, PA, November 7, 2006--The proposed Clarion Boards Inc. project to build a flooring manufacturing plant next to the fiberboard plant along River Hill won preliminary approval from the Clarion County Planning Commission.