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.

Tarkett and ATC Joint-Venture Plant Making Headway

Clarion, PA, January 8, 2007--Construction on a new state-of-the-art laminate flooring plant in Paint Township, a plant that will be home of a joint venture of Tarkett and ATC, a Chilean wood panel company, is making serious headway as the harsh weather h

Classen and Unilin Resolve Patent Disputes

Kaisersesch, Germany January 5, 2007--The Classen Group and the Unilin Group have reached an agreement to settle all patent disputes between the two companies in the field of the glueless locking technology for flooring panels.

Pending Home Sales Off 0.5% in November

Washington, DC, January 4, 2007--The National Association of Realtors reported that it’s pending home sales index dipped 0.5% in November, to 107.0 November from 107.5 in October. It was the third straight decline.

Retailers Post Mixed Growth in December

New York, NY, January 4, 2007--The nation’s retailers disclosed mixed same-store-sales growth in December, with lackluster results being reported by Wal-Mart. The Thomson Financial Same Store Sales Index estimate was a 3% gain in overall same-store sales

Nardelli Resigns, Blake Succeeds

Atlanta, GA, January 3, 2007--Home Depot's board of directors and Bob Nardelli said today that they have mutually agreed that Nardelli would leave his position as Home Depot's chairman, president & CEO and as a director effective January 2, 2007.

Pergo Receives Settlement in Witex Dispute

Trelleborg, Sweden, January 2, 2007--Pergo AB, said it has successfully settled the arbitration case initiated by the bankrupt estate of Witex AG against Pergo Holding BV in June 2004.

Solutia Unveils Updated Bankruptcy Plan

St. Louis, MO, December 29, 2006--Solutia on Thursday revealed an updated reorganization plan that includes a better deal for the bondholders: Their $455.4 million claim shifts from the general pool of unsecured debt to a special category entitling them t