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.
Washington, DC, May 31, 2006--Senators Arlen Specter (R-Pa.) and Patrick Leahy (D-Vt.) are renewing their relentless effort to secure Senate passage of a bill to replace the asbestos-litigation system with a $140 billion trust fund, but they continue to f
Glenview, IL, May 24, 2006--Illinois Tool Works Inc., said that a federal jury in New York rendered a favorable verdict for its Wilsonart International business as part of a consolidated class action lawsuit filed in June 2000 on behalf of purchasers of h
Calhoun, GA, May 16, 2006--Faus Group, Inc., announced today that it has signed an agreement with Butler-Johnson to begin distribution of the Fausfloor laminate flooring program in July 2006.
Atlanta, GA, May 16, 2006--Home Depot reported first quarter net earnings of $1.5 billion, or $0.70 per share, compared to $0.57 per share and net earnings of $1.2 billion reported for the same period in fiscal 2005.
Santa Monica, CA, May 12, 2006--Ford Motor Company will introduce increasingly sustainable seating surfaces in early 2007. The fabric, supplied by Interface Fabrics, Inc., is believed to be the first U.S. automotive application of 100 percent recycled fab
Washington, DC, May 12, 2006--The National Federation of Independent Business, the nation’s largest small-business group, today applauded Congress for passing H.R. 4297, the Tax Increase Prevention and Reconciliation Act of 2005 Conference Report.
Toledo, OH, May 11, 2006—With the floor covering industry awaiting a resolution to Armstrong World Industries’ asbestos problems and bankruptcy, Owens Corning yesterday said it will pay $5.2 billion to asbestos victims and $2.5 billion to creditors in a s
Bethany CT, May 11, 2006--Beginning this June, Laticrete will be manufacturing and distributing Laticrete International products from a new 107,640 square foot plant in the Baltic State of Latvia.
Atlanta, GA, May 9, 2006--Home Depot announced a definitive agreement to acquire EnerBank USA from CMS Energy. EnerBank USA, a wholly owned subsidiary of CMS Energy, provides home improvement loans, which remodeling and trade contractors can offer their c
Washington, DC, May 9, 2006--The housing market is settling but should experience its third best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the National Association of Realto