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.

Tandus Unveils Recycled Content Backing

Chicago, IL, Jun. 14--Today at NeoCon in Chicago, Tandus, unveiled ethos, a high recycled content, cushion backing for six-foot broadloom carpet.

Consumer Sentiment Jumps

Ann Arbor, MI, Jun. 15--Consumer sentiment jumped in early June, as Americans grew increasingly optimistic about their current and future prospects, according to figures released Tuesday.

Doughty Hanson Buys Balta

London, England, Jun. 15--Doughty Hanson & Co., a London-based buyout firm, agreed to buy Balta Industries NV, a family-owned Belgian maker of rugs and carpets, for 600 million euros ($723 million).

Consumer Prices Up in May

Washington, DC, Jun. 15--Consumer prices rose at their fastest clip in more than three years in May amid a surge in gasoline prices, all but ensuring that the Federal Reserve will raise interest rates at the end of this month.

Business Inventories Up in April

Washington, DC, Jun. 15--Business inventories posted a stronger-than-expected increase during April, while sales fell slightly.

Shaw Now Largest in Manufactured/Modular Housing M

Dalton, GA, Jun. 15--Calling it “an excellent match,” Executive Vice President Julius Shaw of Shaw Industries stated that a recent highlight for the company was its acquisition of Dixie Group’s north Georgia operations.

More Employers Expect to Add to Workforce

New York, NY, Jun. 15--About 30% of U.S. employers expect to add workers to their payrolls in the third quarter, according to the latest Manpower Employment Outlook Survey.

Carpet Industry Sets New IAQ Standard

Dalton, GA, Jun. 14--The Carpet and Rug Institute today unveiled a new Green Label Plus independent testing program for carpet that meets, and even exceeds, California's indoor environmental quality standards for low-emitting products.

May Retail Sales Up

Washington, DC, Jun. 14--Boosted by higher sales of gasoline and autos, U.S. retail sales jumped 1.2% in May after dropping in April, the Commerce Department estimated Monday.

Lumber Liquidators Expands

James City, VA, Jun. 14--According to the Virginia Gazette, Lumber Liquidators, the growing hardwood flooring company now based near Richmond, will expand its manufacturing and distribution operation into Stonehouse Commerce Park.