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.

Planned Layoffs Slow

Chicago, IL, October 5, 2005--Employers announced 71,836 job cuts in September — little changed from the previous month — marking the end of the slowest quarter for planned layoffs since the second quarter of 2002, according to a survey by Challenger, Gra

Pending Home Sales Index Hits Record

Washington, D.C., October 5, 2005--The Pending Home Sales Index, based on contracts signed in August, rose 3.2 percent to a reading of 129.5, and is 4.7 percent higher than August 2004. The previous record was 128.1 in October 2004.

ISM Non-Manufacturing Index Falls in September

Tempe AZ, October 5, 2005--Growth at service companies slowed more than expected in September as Hurricanes Katrina and Rita shut down businesses along the Gulf Coast and drove up energy prices to records.

Edge Flooring Sold

Dallas, TX, October 5, 2005--Edge Flooring LLC, a company sponsored by Hunt Special Situations Group, L.P., announced today it has completed the acquisition of all the assets of TEF, Inc. (d.b.a. Edge Flooring.

Hicks Named VP of LEED Rating System Program

Washington, D.C., October 5, 2005--The U.S. Green Building Council today named Tom Hicks vice president of its popular LEED Green Building Rating System program following Nigel Howard being named chief technical officer in July.

RAK Ceramics in JV with Italian Firm

Abu Dhabi, United Arab Emirates, October 4, 2005 -- Ras Al Khaimah Ceramics has joined forces with an Italian company to form a joint venture company, Chemica.