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.

Mid East A Growing Carpet Manufacturing Center

Dubai, United Arab Emirates, May 22, 2006--The Middle East is the world’s fourth largest carpet manufacturer after the U.S., Belgium and Holland and the region's production is expected to grow up 25% in five years.

Lowe's 1Q Earnings 44%, Sales Up 20%

Mooresville, NC, May 22, 2006--Lowe's reported first-quarter earnings that were up 44 percent as revenue rose 20 percent. The company’s earnings for the quarter were $841 million, or $1.06 per share, up from $586 million, or $0.73 per share, during t

AIA Launches “Blueprint for America”

Washington, DC, May 22, 2006 — The American Institute of Architects (AIA) today launched a nationwide community service program titled “Blueprint for America: A Gift to the Nation” by funding the first 60 grants for collaborative visioning

Sam Green Named Kaindel One Distribution Director

Cranford, NJ, May 22, 2006--Kaindl USA Corporation has announced the appointment of flooring industry veteran Sam L. Green to the newly created post of director of sales for Kaindl One laminate distribution.

Class Action Suit Filed Against Home Depot

Pittsburgh, PA, May 21, 2006--The Law Office of Alfred G. Yates Jr., PC announced that it has filed a class action lawsuit in the United States District Court for the Northern District of Georgia on behalf of all securities purchasers of Home Depot.

Broadband to Reach 88% of Online Households

New York, NY, May 19, 2006--The US still leads the world in terms of sheer numbers of Internet users and broadband households, but online access technology is evolving fast in other regions.