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.

Employment Cost Moderate

Washington, DC, April 28, 2006--The employment cost index, considered one of the best gauges for tracking labor-cost pressures, moderated in the first quarter to a 0.6% increase, down from a 0.8% pace in the last three months of 2005, according to a Labor

DuPont Shareholders Reject Teflon Proposal

Wilmington, DL, April 27, 2006--DuPont chairman and chief executive Chad Holliday Jr., heard criticism Wednesday at the company's annual meeting over the chemicals producer's lagging stock performance, treatment of retirees, and reluctance to shar

Pulte 1Q Up 20%

Bloomfield Hills, MI, April 27, 2006--Home builder Pulte Homes said first-quarter earnings climbed 20% as the company moved more homes than in the year-ago period.

Chinese Wood Producer Gains Ground With Alliance

Beijing, China, April 27, 2006--Leading Chinese wood floorcovering provider, Power Dekor, plans to double its output of multi-layer parquet under the Swedish brand of Kahrs to 3 million square metres by the end of the year.

Floor Warming a Hot Trend in Home Improvement

Atlanta, GA, April 27, 2006--Whether fueled by the proliferation of home improvement shows or the growing popularity of design and decorating magazines, American consumers have seemingly insatiable appetite for luxury upgrades in their homes.

DomotexAsia/ChinaFloor Attendance Up

Shanghai, China, April 27, 2006--DomotexAsia/ChinaFloor 2006 was able to chalk up several new records at the end of its Shanghai run from 28 to 30 March, with organizers reporting double-digit growth rates for Asia's biggest floor coverings show.

Beazer 2Q Earnings Up, Outlook Cut

Atlanta, GA, April 27, 2006--Beazer Homes USA Inc., on Thursday posted better-than-expected earnings for the second quarter, but said orders for new homes fell and the homebuilder revised its outlook for the full-year lower.

Supreme Court Hears Mohawk/RICO Detail

Washington, DC, April 27, 2006--Yesterday the Supreme Court heard the Mohawk Industries case, probing whether federal racketeering laws, originally enacted to combat organized crime, can apply to corporations.

Dow Chemical’s 1Q Earnings Off

Midland, MI, April 27, 2006--Dow Chemical Co., reported first-quarter net income fell 10% on 3% higher revenue. Net fell to $1.21 billion, or $1.24 a share, from $1.35 billion, or $1.39, in the year-earlier period.