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.

Carpet One & 3M Announce EverGuard Contest Winners

Manchester, NH, January 19, 2005--Carpet One and 3M recently announced the winners of their EverGuard sales contest, designed as a friendly competition among Carpet One sales professionals that also increased sales and member profitability.

Builder Sentiment Stabilizes In January

Washington, DC, January 18, 2006 - A drop in mortgage rates and a rise in consumer confidence helped to stabilize the confidence and market expectations of single-family home builders, according to the latest National Association of Home Builders/Wells Fa

SEC To Track Executive Pay

Washington, D.C., January 17, 2006--In a dramatic move, the Securities and Exchange Commission (SEC) announced that it will require companies to fully disclose all details of the compensation packages for top executives.

Empire State Index Slips, Orders Steady

New York, NY, January 17--Growth at New York State factories slowed in January with a drop in inventories although new orders remained positive, the New York Federal Reserve said on Tuesday.

Leggett & Platt Acquires Griptex

Carthage, MO, January 18, 2006--The coated fabrics division of Leggett & Platt recently acquired Griptex, a manufacturer of non-slip textile products for the home.

Roppe Adds 'Green' Vinyl Tile

Fostoria, Ohio, January 16--Roppe Corporation USA has added a solid vinyle tile to its SafeTcork line. Made using post-industrail waste cork, the new tile can contribute toward LEED certification because the material is a renewable resource.

Chase, Reader's Digest Launch Home Repair Cred

Wilmington, Del,, January 17--Opening a new source of credit to flooring-buying homeowners, Chase bank and Reader's Digest announced the launch of a home-improvement credit card with rewards for sizeable remodeling purchases.

Confrorce to Make Eko-Flor for Royal Group

Toronto, Ontario, January 17, 2006--Conforce International, Inc., developers of EKO-FLOR, announced the signing of an exclusive supply agreement with Royal Group Technologies Ltd.

U.S. Industrial Production Up in December

Washington, D.C., Jan. 17--According to the Federal Reserve, U.S. industrial production rose 0.6 percent in December, the third consecutive month posting a gain, and production capacity rose to 80.7 percent.

$149.5 Billion for Home Improvements in 2005

Cambridge, MA, January 14--Home improvement spending by homeowners edged up in 2005, ending the year growing 4.3% over the 2004 levels, according to the Remodeling Activity Indicator (RAI) devised by Harvard’s Joint Center for Housing Studies.