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.

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.

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.

Pergo Holds Annual General Meeting

Stockholm, Sweden, April 27, 2006--Pergo's annual general meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet.

Congoleum Not in Compliance for Amex Listing

Mercerville, NJ, April 26, 2006--Congoleum Corp., said it has received a letter from the American Stock Exchange (Amex) indicating that it does not meet the minimum income and stockholders' equity requirements for continued listing on the Amex.

Interface Reports 1Q Results

Atlanta, GA, April 26, 2006--Interface, Inc., today announced results for the first quarter ended April 2, 2006. Sales in the 2006 first quarter rose 6.8% to $250.6 million from $234.7 million in the year ago period.

New Home Sales Jump 13.8%

Washington, DC, April 26, 2006--New home sales unexpected increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, according to a Commerce Department report.

FTC OKs Mohawk/DuPont Temporary Fiber Designation

Washington, DC, April 26, 2006--The Federal Trade Commission granted Mohawk Industries Inc., Dupont Co. and PTT Poly Canada a temporary alphanumeric designation for a new fiber product they have created.

Faus Group Acquired by Top Management

Valencia, Spain, April 26, 2006--Faus Group announced today that the company has been bought by the top Faus management, led by Juan Negre, chairman and CEO of Faus Group, in conjunction with a financial group and an investment group from Spain.