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.

Owens Corning To Pay $7.7B Asbestos Settlement

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

Laticrete Opens Factory in Latvia

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.

Realtors Lobby for Small Business Health Plan

Washington, DC, May 9, 2006--Nearly 100 realtors, representing the 1.2 million members of the National Association of Realtors and their families, converged on the U.S. Senate to plead for quick passage of small business health plan legislation.

Congoleum Reports 1Q Profit

Mercerville, NJ, May 09, 2006--Congoleum Corp., today reported its financial results for the first quarter ended March 31, 2006. Sales for the three months ended March 31, 2006 were $57.2 million, compared with sales of $57.6 million reported in the first

Home Depot To Acquire a Bank

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

Housing Market Taking a Breather But Staying Stron

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

Toll Brothers' Signed Contracts Dip in 2Q

Horsham, PA, May 8, 2006--Luxury homebuilder Toll Brothers Inc., on Friday said signed contracts for its homes fell 29 percent in its second quarter and that home deliveries for the year will be 200 lower than expected as the slowing housing market takes

Report:: Tarkett to Move Headquarters to France

Frankfurt, Germany, May 8, 2006--According to a report in the Frankfurter Allgemeine Zeitung Tarkett AG, the German flooring manufacturer, plans to move its headquarters from Frankenthal, Germany, to Paris and abandon the legal status of a German public l

Six Flags and Home Depot Form Alliance

New York, NY, May 8, 2006--Six Flags and Home Depot announced today an agreement in principle under which Home Depot will become a Six Flags Corporate Alliance partner.