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.

2Q GDP Unrevised at 3.3%

Washington, DC, September 29, 2005--Gross domestic product rose at a seasonally adjusted 3.3% annual rate in the second quarter, matching earlier estimates, according to the Commerce Department's second revision to the index.

Durable Goods Orders Up 3.3%

Washington, DC, September 28, 2005--Orders for durable goods increased 3.3% in August, according to a Commerce Department report.

Feltex Terminates Agreement with Former CEO Magill

Wellington, New Zealand, September 28, 2005 -- New Zealand’s Feltex has terminated the contract of its former chief executive, Sam Magill, after failing to reach agreement on the terms of his golden handshake.

Correction: BASF Price Increases

Charlotte, NC, September 28, 2005 -- Effective October 15, 2005, or as contracts allow, BASF will raise prices in North America on all carboxylated styrene-butadiene latex products supplied to the carpet industry by $0.06 per dry pound.

Tarkett Commercial Names Patriot Flooring as Azroc

Houston, TX, September 28, 2005 -- Tarkett Commercial announced today that Patriot Flooring Supplies of West Palm Beach, Florida, has joined the company’s distribution network and will begin distributing Azrock flooring in southern Florida.