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.
Merverville, NJ, August 23, 2006--Congoleum said that one of the sheet flooring production lines at its Marcus Hook, Pennsylvania plant sustained extensive damage. The company also said it has reached a settlement agreement with an excess insurance carrie
Lancaster, PA, August 23, 2006--Armstrong Holdings, Inc., the parent company of Armstrong World Industries, Inc., provided today additional information regarding the anticipated effect on Armstrong Holdings of the expected consummation of the Chapter 11 r
Kiev, Ukraine, August 22, 2006—The Ukranian government has permitted Kronospan Ukr Ltd. (Novovolynsk) to purchase the land on which the timber processing plant is situated.
Manchester, NH, August 21, 2006--Carpet One Floor & Home revealed details for their new e-commerce website, set to launch on October 1. With this launch, the company will become the first floor covering retailer to sell installed flooring to consumers th
Mooresville, SC, August 21, 2006--Lowe's reported net earnings of $935 million for the quarter ended August 4, 2006, an 11.4 percent increase over the same period a year ago. Diluted earnings per share increased 15.4 percent to $0.60 from $0.52 in the
Washington, DC, August 21, 2006--The Commercial Leading Indicator for Brokerage Activity,* a leading indicator for the commercial real estate market, shows an improvement in commercial sectors will continue into 2007, according to the National Association
Wilmington, DE, August 21, 2006--Congoleum Corp., is facing a contest for control of the outcome of its bankruptcy case with insurers and bondholders who have filed a rival Chapter 11 plan.
Grand Rapids, MI, August 21, 2006--Steelcase today released results of the second of a three-part Workplace Index Survey on the Nature of Work in 2006 conducted by Opinion Research Corporation (ORC).
Washington, DC, August 21, 2006--Remodeling activity slowed in the second quarter of 2006, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI).
Bejing, China, August 18, 2006--A spokesman for China's forestry authority said at a press conference that his country is not plundering rainforests for timber, and in fact supports efforts to halt trafficking in illegally harvested woods.