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.

NAHB Looking for Late Winter Housing Rebound

Washington, DC, March 25—-Responding to news yesterday that sales of new single-family homes increased 9.4 percent in February, the National Association of Home Builders (NAHB) said they expect a late-winter rebound.

BASF to Phase Out Enka, NC Nylon Production

Ludwigshafen, Germany, March 24--BASF is planning to phase out nylon (nylon 6) polymers production at it Enka, N.C. site by 2007 and consolidate production of these materials at its site in Freeport, Texas, according to Inteletex.

New Home Sales 2nd Highest on Record

Washington, DC, March 24--New homes sales rose 9.4 percent in February to a seasonally adjusted annual rate of 1.226 million, according to the Commerce Department.

OMNOVA's Losses Widen in 1Q

Fairlawn, OH, March 22--OMNOVA Solutions Inc. reported a loss of $10.9 million, or $0.27 per diluted share, for the first quarter of 2005, compared to a loss of $5.8 million, or $0.14 per diluted share, during the first quarter of 2004.

Forbo Posts Loss in 2004

Eglisau, Switzerland, March 22--Forbo sales rose in the past year by 1.5% to CHF 1.622 billion (plus 2.3% in local currencies).

Armstrong Launching Aggressive Product and Marketi

Lancaster, PA, March 23--Armstrong hasn’t let the recent setback to its Chapter 11 reorganization plan stop it from investing in its future. The company is embarking on an ambitious "refocusing and reinvestment" strategy in 2005, building on its well-reco

Las Vegas Market to Coincide with Surfaces 2006

Las Vegas, NV, March 18—The brand new World Market Center of Las Vegas has announced dates for its 2006 Winter Market. Those dates, Jan. 30 to Feb. 3 coincide with Surfaces 2006, which is scheduled for Jan. 31 to Feb. 3 at the Sands Expo & Convention Cen