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.

4Q Productivity Up

Washington, D.C., March 7, 2007--The economy appears less productive and more inflation-prone than suspected.

Refinance Apps Jump, Mortgage Rates Decline

Washington, D.C., March 7, 2007--The Market Composite Index, a measure of mortgage loan application volume, was 671.6, an increase of 7.3 percent on a seasonally adjusted basis from 626.1 one week earlier.

Anderson Names TRC as Canadian Distributor

Clinton, S.C., March 7, 2007--Anderson Hardwood Floors, family owned manufacturers of fine hardwood flooring, has selected TRC Distribution Ltd as a partner in Western Canadian markets to expand the availability of Anderson floors.

Solutia Selects Voss As President of Flexsys

St. Louis, MO, March 7, 2007--Solutia today announced that James R. Voss will become president of Flexsys, upon completion of the acquisition of the 50 percent of Flexsys that Solutia does not currently own.

Iran: Persian Carpet Production Shrinks

Tehran, Iran, March 7, 2007--According to the Soleiman Madadpour, the Managing Director of the Company for Export Development and Carpet Evaluation revealed that the carpet production in Persia has decreased a lot.

ServiceMaster Gets Bid From Clayton-Dubilier, Bain

Downers, Grove, IL, March 6, 2007--ServiceMaster Co., which put itself up for sale last year, is drawing interest from at least two buyout groups that may bid more than $4 billion, four people with knowledge of the discussions said.

Downtown Dwelling Goes Green

Spokane, OR, March 6, 2007--Downtown dwelling is on the rise, and with it a trend toward health and sustainability among new urbanites seeking to simplify and streamline their lives.