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.

Housing Starts See Unexpected Drop

Housing Starts See Unexpected Drop

Washington, DC, May 17, 2011--Housing starts, the number of new homes being built, fell by 10.6% in April, according to the Commerce Department.

Tarkett Announces Price Increase

Tarkett Announces Price Increase

Chagrin Falls, OH, May 17, 2011--Tarkett announced a price increase of approximately 6% to 8% across both its residential and commercial brands.

Välinge Enters Agreement with Baroque Timber

Välinge Enters Agreement with Baroque Timber

Viken, Sweden, May 17, 2011--Välinge and Baroque Timber (Zhongshan) Co., Ltd. have entered into a global non-exclusive license agreement for Välinge's mechanical locking system in LVT flooring.

Builder Confidence Remains Unchanged

Builder Confidence Remains Unchanged

Washington, DC, May 16, 2011--Builder confidence in the market for newly built, single-family homes was unchanged at the low level of 16 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

Mohawk CEO's Compensation Grew in 2010

Mohawk CEO's Compensation Grew in 2010

Calhoun, GA, May 16, 2011--The Chattanooga Times Free Press reported that Mohawk Industries' CEO Jeffrey S. Lorberbaum’s compensation grew 46.1% in 2010 to $2.19 million, according to the company’s proxy.

WONZ Unveils App

WONZ Unveils App

Marietta, GA, May 16, 2011--Wools of New Zealand is offering a free application (app) for the iPad and iPhone that details the benefits of wool.