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.

Kronospan to Increase Capacity

Presov, East Slovakia, November 30, 2005—It was reported that Kronospan, which is the largest Czech producer of chipboards, will raise its production capacity by 3.5 million to some 11.5 million square metres of flooring.

Most Corporate Fraud Detected by Chance

New York, NY, November 30, 2005—According to a study from auditing firm PriceWaterhouseCoopers, despite tough regulations aimed at improving corporate governance, financial fraud is still on the rise around the world, and most is still detected by chance.

Q.E.P. to Open China Headquarters

Boca Raton, FL, November 30, 2005--Q.E.P. Co. has announced that it will open its new worldwide global sourcing operation in Shanghai, China.

GDP Revised Up To 4.3%

Washington, DC, November 30, 2005 --The U.S. economy grew at a 4.3% annual rate in the third quarter, the Commerce Department said Wednesday in its first revision of gross domestic product estimates.

UK’s Topps Tiles Earnings Up

London, England, November 29, 2005--Flooring seller Topps Tiles reported a 12.9 percent increase in year underlying profit and said the trading environment was volatile and very tough.

Unilin Extends its Action in Australia

Wielsbeke, Belgium, November 29, 2005 – On November 25, 2005 Unilin filed a new Australian patent action before the New South Wales District Registry of the Federal Court of Australia.

MultiFamily Solutions Launches Project MultiFacet

Marietta, GA, November 30, 2005—MultiFamily Solutions, a division of FloorExpo, sets a new standard of excellence in the multi-family business with the launch of Project MultiFacet—a benchmarking program designed to give members a competitive edge.