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.

'Extreme Sheep' May Brighten the Future of

Adelaide, Australia, June 8,m 2006--The future of Australia's $3 billion-plus wool industry--and the carpet and rug makers who depend on it--may lie with the ugliest, least-wanted lambs.

Q.E.P. Modifies Loan Agreement

Boca Raton, FL, June 08, 2006--Q.E.P. Co., today announced that effective June 1, 2006, the company entered into a Seventh Amendment and Waiver Agreement to its Second Amended and Restated Loan Agreement dated as of November 14, 2002.

Spector Vows to Pursue Asbestos Bill

Washington, DC, June 7, 2006--A senior Senate Republican vowed on Wednesday to press ahead with his legislation for a privately funded $140 billion trust to pay asbestos injury claims.

Ex-CBO Chief: Asbestos Bill a Big Risk

Washington, DC, June 7, 2006--The Senate proposal for a privately funded trust to pay asbestos injury claims is laden with uncertainty and taxpayers risk footing the bill, the former head of the Congressional Budget Office plans to tell a Senate committee

April Consumer Credit Up 5.9%

Washington, DC, June 7, 2006--Consumers took on an extra $10.6 billion in debt in April, the most in 10 months, the Federal Reserve reported Wednesday.

Feltex Sees Improved Conditions

Wellington, New Zealand, June 7, 2006--Beleaguered carpet maker Feltex is working to reduce its debt and has assured shareholders that market conditions are continuing to improve.

Hoover Drives All-Terrain Flooring Cleaner

Newton, IA, June 7, 2006--Hoover is looking for the checker flag with its new SteamVac All-Terrain Carpet and Hard-Floor cleaner, designed to clean the multitude of floor surfaces found in today's homes.

WFCA Celebrate CFI Showcase of Talent and Product

Kansas City, MO, June 7, 2006--The World Floor Covering Association (WFCA) on June 29, 2006, will open its doors to a grand reception showcasing the remodeling project at its headquarters in Anaheim, CA.