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.

Formica Gains Court Approval for Investment Propos

Warren, NJ, July 2--Formica Corp. today announced that the U.S. Bankruptcy Court has approved the Stock Purchase Agreement involving the Company and all of its subsidiaries with an investment group sponsored by Cerberus Capital Management L.P. and Oaktree

Quarterly Earnings Off at Furniture Companies

Charlotte, July 2--Earnings for the largest U.S. residential furniture companies declined in the most recent quarter from a year earlier as manufacturers took downtime in the face of weak orders.

Dow CEO Talks Sustainability

Midland, MI, July 2--Dow Chemical Company's president and CEO, Bill Stavropoulos discussed the company's commitment to sustainable development and his views on the subject this morning.

Sphinx to Intro New Machine and Handmades in Atlan

Dalton, July 2--Sphinx by Oriental Weavers will introduce nine new collections at the Atlanta Rug Market this month. Sphinx showcases modern color combinations and attention to detail in each rug, adding new dimensions to existing Sphinx collections.

Home Depot's Nardelli Says Size an Advantage

Atlanta, July 1--Home Depot Chairman and Chief Executive Bob Nardelli said Monday that the country's largest home improvement retailer will use its increasing size and improving service to fend off the aggressive growth of top rival Lowe's, as rep

Interface’s Biomorph Captures the Gold at NeoCon

Atlanta, June 30--Interface Flooring Systems’ Biomorph won the Gold Award in the modular carpet category of the 2003 Best of NeoCon® Awards, sponsored annually by Contract magazine, The International Interior Design Association (IIDA) and Merchandise Mart

North American Technologies Group Gets CARE Grant

Houston, TX, June 26--North American Technologies Group, Inc. announced today that it has been awarded a cash grant from Carpet America Recovery Effort ("CARE") to continue research into the use of post-consumer carpet as a raw material for its TieTek com

Lees Wins Silver Best of NeoCon Award

Greensboro, NC, June 25--Lees Carpets’ commitment to innovation in contract floorcovering was recognized at NeoCon World’s Trade Fair 2003, the premier exhibition for the commercial furnishings industry, held June 16-18 at the Merchandise Mart in Chicago.

Pergo Adds New Distributor

Raleigh, NC, June, 26--Pergo recently welcomed BPI of Memphis, TN as its newest distributor. They will immediately begin servicing retailers in Texas (excluding El Paso), Arkansas, Louisiana, Mississippi, and Tennessee (west of the Tennessee River).