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.

Forbo Increases Prices

Hazleton, PA, September 21, 2005--Effective November 1, 2005, Forbo Flooring North America will have a 3-5% price increase on all products and sundry items. The increase was brought on by an increase in production costs, transportation costs and fuel cost

WarmlyYours’ Georges Selvais Honored

Buffalo Grove, IL, September 21, 2005 – Georges Selvais, co-founder and General Manager of WarmlyYours, was honored at a recent dinner held in Chicago in recognition of his 10 years of contributions to the advancement of floor warming technologies.

Perpetual Machine Acquires Lessco

Dalton GA, September 21, 2005--Perpetual Machine Company (PMC) announced the completion of the asset acquisition of Lessco, a Dalton-based manufacturer of carpet, rug and textile manufacturing equipment.

OnLine Help-Wanted Ads Up in August

New York, NY, September 21, 2005--The number of new online job ads rose to 2,130,000 in the month of August, according to The Conference Board Help-Wanted OnLine Data Series™.

Patcraft Intros Strut Your Stuff

Dalton, GA, September 21, 2005--It goes without saying that a carpet with a provocative name like Strut Your Stuff should offer a visually striking profile, and that’s surely true of Patcraft Commercial Carpet’s latest offering.

Fed Hikes Rates to 3.75%

Washington, DC, September 21--The Federal Reserve raised interest rates again, saying Hurricane Katrina could fuel inflationary pressures but does not pose a persistent threat to the economy.

Omnova Posts 3Q Profit

Fairlawn, OH, September 20, 2005--Omnova Solutions Inc. posted a profit in the third quarter profit on a 2 percent jump in sales, but the company still fell short of analyst’s estimates.

Lehman Bros. Initiates Coverage on Mohawk

New York, NY, September 20, 2005--- Lehman Brothers analyst Steven A. Fockens initiated coverage of Mohawk Industries with an "equal-weight" rating. The target price was set at $89.