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.

Vorwerk Rolls Out 'Smart Floor'

Hamlin, Germany, March 14, 2006--After over three years of research, Vorwerk Teppichwerke has successfully developed the first "smart" floor to series-production capability. A textile underlay, the smart floor is equipped with electronic radio frequency i

Flooring America & Flooring Canada Announce Perfor

Manchester, NH, March 13, 2006--Flooring America and Flooring Canada presented their annual member awards for outstanding performance over the past year at their 2006 Winter Convention at the Hilton Hotel and Convention Center in Anaheim, CA, on March 11.

World Market Center Completes Steel Construction o

Las Vegas, NV, March 10, 2006--City of Las Vegas Mayor Oscar B. Goodman and World Market Center officials celebrated a construction milestone today at the growing home furnishings complex by participating in a “Topping Out” ceremony for Phase Two of the p

Lorberbaum Group Preparing to Sell Mohawk Shares

Calhoun, GA, March 10, 2006--Mohawk Industries has been advised that Aladdin Partners LP has entered into a Rule 10b5-1 trading plan to sell shares of the common stock of the company. Aladdin Partners LP is an entity controlled by Jeffrey S. Lorberbaum, c

Hughes Supply’s 4Q Earnings Up 58%

Orlando, FL, March 9, 2006--Hughes Supply, in what is likely to be its last financial report before being brought into the Home Depot fold, said Wednesday its fourth-quarter profit jumped 58% on surging demand in its water and sewer and utilities segments

KB Home Unveils First Martha Stewart-Branded Commu

Los Angeles, CA, March 9, 2006--KB Home chairman and CEO Bruce Karatz and Martha Stewart Living Omnimedia, Inc., founder Martha Stewart today will unveil the two companies' co-branded community outside Raleigh, North Carolina.

Q.E.P. Retains Investment Banker for Strategic Mat

Boca Raton, FL, March 8, 2006--Q.E.P. Co., announced that it has retained an investment banking firm to assist it on certain strategic matters. Houlihan Lokey Howard & Zukin will evaluating a number of alternatives to address the limited liquidity and tra

StarNet/CARE Reclamation Program Recognizes Pfizer

Ridgefield, CT, March 8, 2006--StarNet Commercial Flooring Cooperative, the largest member-owned cooperative of independent, commercial floor covering contractors in North America, recognized the carpet reclamation efforts of Pfizer New York World Headqua

Shaw to Convert Shuttered Yarn Plant to Hardwood F

Dalton, GA, March 7, 2006--Shaw Industries plans to spend $20 million to convert a yarn plant it closed three years ago in South Pittsburgh, Tennessee, into a hardwood flooring factory. Current plans call for the plant to open this summer.

Mohawk Expands on Backing Plant Purchase

Calhoun, GA, March 7, 2006--Mohawk Industries, discussing its purchase of a secondary backing plant in Roanoke, Alabama, from Propex Fabrics late last month, said the move was the company’s second strategic verticalization of primary and secondary backing