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.

Hungary’s Graboplast Earnings Off, Expects Growth

Budapest, Hungary December 20, 2005--Flooring company Graboplast expects to end 2005 with profits of HUF 1.1bn-1.2bn ($5.2M-$5.7M) on revenue of more than HUF 17bn ($80.8M), down from last year's profits of HUF 1.5bn ($7.1M).

Gulf Area Flooring America Retailer Finds Bittersw

Manchester, NH, December 16, 2005--When owner Terri Seibert finally reopened her Flooring America store, Acadian Carpet in Marrero, LA, she knew things were going to be the best and the worst they had ever been.

FloorExpo Offers Online Training

Marietta, GA, December 19, 2005--Home Solutions by FloorExpo offers its Members numerous buying, marketing, technology and training benefits.

Solutia Files Protective Actions in Chapter 11 Cas

St. Louis, MO, December 19, 2005--Solutia Inc., has filed several protective actions in its Chapter 11 case. According to federal bankruptcy law, Solutia has two years from its Chapter 11 petition (December 17, 2003) to file certain types of actions.

Quick•Step Gears Up for Surfaces 2006

Thomasville, NC, December 19, 2005-- Quick•Step is gearing up for another successful year to be kicked off at the annual Surfaces Floor Covering Expo in Las Vegas, Nevada.

Report: Global Talent Development on the Rise in M

New York, December 19, 2005--A majority of companies want to accelerate the development of their global talent, according to a report released today by The Conference Board, the global research and business membership organization.

Armstrong Wins ACE Award

Lancaster, PA, December 19, 2005--Armstrong Commercial Floor Products won first place in the Architect’s Choice for Excellence (ACE) award from the readers of Architecture magazine in the “resilient flooring” category.

Homebuilder KB 4Q Earnings Up 66%

Los Angeles, CA, December 16, 2005-- KB Home reported earnings that were up 66 percent in the fourth quarter, beating Wall Street estimates of the strength of the homebuilder's rising sales volume and selling prices.

Online Ad Growth Forecast to Grow at 10%

New York, NY, December 16, 2005-- Online display and search advertising spending will grow at an average annual rate of 10% between 2005 and 2010, according to JupiterResearch.