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.

Solutia Bankruptcy Lengthens

St. Louis, MO, May 9, 2006--Shifting deadlines and a pair of unresolved legal disputes indicate that the bankruptcy reorganization of Solutia Inc., is taking longer than the chemical maker had anticipated.

Masland Intros New Wilton Runners

Mobile, AL, May 8, 2006--Masland has introduced two new patterns, Harlequin and Brighton; both are woven using a four-frame Wilton weaving process that allows expanded color combinations and assures pattern detail.

Masland Adds Four Rugs to Soumak Line

Mobile, AL, May 8, 2006--Showcasing a rug style and weaving technique thought to be among the oldest in the world, Masland introduced the Soumak Collection of area rugs at the 2005 High Point market.

Fox Named Marketing Manager at Balterio US

Dalton, GA, May 8, 2006--Balterio US has announced additions to its sales & marketing organization. As part of this new organizational structure, Aaron Fox has taken on the post of marketing manager.

EnerPlastics to Raise Production Capacity

Dubai, United Arab Emirates, May 8, 2006--EnerPlastics LLC, manufacturer of colorants for the synthetic polypropylene based carpets and upholstery industry, is increasing its production capacity by 50%.

Economist Sees FOMC Rate Hike to 5%

Washington, DC, May 8, 200--After the confusion last week when the market was blindsided by reports of Fed chief Ben Bernanke's cocktail-party chatter, the Federal Open Market Committee will seek to calm financial markets and deliver a clear policy me