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.

Jobless Claims Rise More Than Expected

Washington, DC, December 20, 2007--The Labor Department said Thursday that new applications filed for jobless benefits rose by a seasonally adjusted 12,000 to 346,000.

Faus Has Partnership with American Home Surfaces

Calhoun, GA, December 20, 2007–Laminate floor maker Faus Group Inc. has signed a partnership agreement with American Home Surfaces Group, effective Jan. 1.

Analyst Puts 'Buy' Rating on Lumber Liquidators

New York, NY, December 20, 2007--Analyst Piper Jaffray initiated coverage on Lumber Liquidators with a "buy rating and a $15 price target.

Tandus Showroom Gets LEED Certification

Dalton, GA, December 20, 2007--Tandus' new Atlanta Showroom has been awarded LEED Silver certification by the U.S. Green Building Council (USGBC).

StarNet Gets New Member in Pennsylvania

Darien, CT, December 19, 2007 --Giant Floor and Wall Covering Co. headquartered in Wilkes-Barre, Pennsylvania, is the newest member of StarNet commercial flooring partnership.

Hovnanian Sees Losses Accelerate

Newark, NJ, December 19, 2007--Home builder Hovnanian Enterprises saw its fiscal fourth-quarter loss nearly quadruple.

Foreclosures Up Year over Year, Decline vs October

Irvine, CA, December 19, 2007--The number of foreclosure filings surged 68 percent nationwide compared with the same month a year ago, according RealtyTrac.

Mortgage Applications Continue Decline

Washington, D.C., December 19, 2007--Mortgage applications tumbled 19.5 percent from the previous week.

Alloc, Beaulieu, Armstrong Win Pergo Patent Fight

Chicago, IL, December 18, 2007 --Alloc Inc., Berry Wood S.A., members of Beaulieu International Group, and Armstrong World Industries won a patent infringement case brought by Pergo Inc.

Flexco Names Texas Distributor

Tuscumbia, AL, December 19, 2007--Flexco has added Hi-Tec Flooring Distributors Inc. to its distribution channel