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.

Louisiana-Pacific Posts 4th Quarter Loss

New York, NY, February 9, 2007--Building products company Louisiana-Pacific Corp. reported a fourth-quarter loss on Tuesday, after a year-ago profit, as weakened demand impacted volume and pricing on all its products.

Newsletter Released on Workplace Color Effects

Washington, D.C., February 9, 2007--InformeDesign recently released a new issue of Implications, a monthly newsletter on design and human behavior, that reviews the body of research on the use of color in office environments.

Torlys Makes Its Move Into U.S. Market

Las Vegas, NV, February 9, 2007--Torlys, a Canadian flooring company, made its move into the U.S. market at Surfaces. The company sells cork, hardwood, laminate and lilnoleum flooring through specialized dealers.

Japan's Itochu Buys US Flooring Distributor Galleh

Tokyo, Japan, February 8, 2007--Itochu Corp has acquired Galleher Inc, a California-based flooring distributor for an estimated 4 bln yen, to bolster its North American home building materials business, the Nikkei reported, without citing sources.

200,000 Carpet Workers Jobless In Nepal

Kathmandu, Nepal, February 7, 2007--Nepal Woolen Carpet Exporters Association (NWCEA) has stated that almost 200,000 workers have been rendered jobless following forced closure of carpet industries.

Weyerhaeuser Earns $450M in 4th Quarter

Federal Way, Washington, February 9, 2007--Forest products maker Weyerhaeuser Co. said Friday it swung to a profit in the fourth quarter from a year-ago loss, although lower domestic log prices still weighed on results.

Consumer Confidence Hits 2 1/2-Year High

Consumer Confidence Hits 2 1/2-Year High

Washington, DC, February 9, 2007--Consumer confidence climbed to a 2 1/2-year high with people feeling even better about job prospects, the current economic climate and investment opportunities.

January Sales at U.S. Chain Stores Increases 3.7%

New York, NY, February 9, 2007--The arrival of cold winter weather and consumers armed with gift cards gave retailers something to cheer about as U.S. chain store sales increased by a strong 3.7 percent for the month, on a year-over-year basis.

Jobless Claims Rise Slightly Last Week

Washington, DC, February 9, 2007--The number of newly laid off workers filing for unemployment benefits edged up slightly last week but was at a level that signaled a solid labor market.

Invista Appoints New Marketing Manager

Atlanta, GA, February 8, 2007--Invista Interiors said today that Melissa S. Noebes has been appointed marketing communications & brand manager for its commercial and transportation business.