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.

Indonesian Navy Storms Ship Smuggling Illegal Timb

Jakarta, Indonesia, August 25--The Indonesian navy stormed a Croatian ship and detained around 25 crew after a long-running court battle, Croatia's ambassador Aleksandar Broz said, describing the move as illegal.

Lanxess Q2 Earnings Up

Frankfurt, Germany, August 25--German chemicals group Lanxess posted a 42% rise in second-quarter core earnings, beating analysts' forecasts thanks to strong demand for plastics and chemicals, and detailed further restructuring measures.

Toll Bros 3Q Earnings Double

Horsham, PA, August 25—-Homebuilder Toll Brothers Inc. reported quarterly profit doubled as the U.S. home market remained strong.

Recovery Still a Ways Off for Feltex

Wellington, New Zealand, August 25--Feltex chief executive Sam Magill cut tracks from the carpetmaker four months early yesterday as it warned the tough times were likely to roll into the next quarter.

Interface Ranks 8th on Best 50 Corporate Citizens

Atlanta, GA, August 25--Interface placed 8th on the 2005 annual ranking of the Best 50 Corporate Citizens list in Canada, compiled by Corporate Knights business magazine. Interface scored the highest among the Consumer Discretionary sector.