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.

Pergo Sharpens Focus on North America

Trelleborg, Sweden, August 24--Tony Sturrus, CEO of Pergo, said there are excellent opportunities for growth throughout the company over the next two years.

Existing Home Sales Off 2.6%

Washington, DC, August 23--Existing-home sales declined 2.6 percent in July to a seasonally adjusted annual rate of 7.16 million from an upwardly revised record of 7.35 million in June in July from a record in June, according to the National Association

Pergo Provides Details on Cost Cutting Program

Trelleborg, Sweden, August 23—-Pergo revealed more details on the European improvement program announced in the Q2 report on July 22nd 2005. The program is to achieve SEK 100 million ($13.1 million) in annualized savings.

Wear-Dated Realigns Management

St. Louis, MO, August 22--The carpet fiber business of Solutia Inc., which includes Wear-Dated carpet fiber, has made extensive personnel changes in every department.

Pergo Claims Faus Action is Without Merit

Trelleborg, Sweden, August 19--Pergo said today that it has been informed that the Faus Group has filed an action for patent infringement in Georgia, USA. The company said it has not yet been served with the complaint.

Hardwood Flooring Shipments Maintain Healthy Pace

Memphis, TN, August 18--Hardwood flooring shipments for July 2005 were 42,903,000 square feet, a decline (4.8%) from the previous month’s shipments, but a significant increase (5.5%) compared to the same month of 2004.

Lear May Enter Bidding for Collins & Aikman

Detroit, MI, August 17--Southfield, Michigan-based Lear Corp. threw its hat in the ring becoming the player to make a bid for bankrupt auto-parts supplier Collins & Aikman Corp., joining bidder Plastech Engineered Products.