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.

Honeywell Chairman Looking to Sell Nylon Unit

Morris Township, NJ, May 20--Honeywell chairman and CEO Dave Cote said this week that the company continues looking for acquisitions that fit its strategies and business lines, while being very keen not to overpay for anything.

Philadelphia Fed Business Index Declines

Philadelphia, PA, May 20--The Federal Reserve Bank of Philadelphia reported that manufacturers in its region saw a sharp slowdown in growth and employment in May, though an easing of inflation pressures lessened the blow.

New Concrete Flooring Focuses on Commercial Sector

Minneapolis, MN, May 20--With dreams of supplying big-box retailers like Minneapolis-based Target Corp., Concrete Arts of Hudson, Wis., has created a terrazzo-like polished concrete aggregate flooring that is cheaper, easier to care for and stronger than

Coverings Exhibitors Donate to Tile Partners for H

Orlando, FL, May 19--Coverings, the comprehensive tile and stone marketplace, announced that this year’s exhibitors donated more than 190 pallets of tile and tile materials to Tile Partners for Humanity.

Solutia Launches Amendment to DIP Financing

St. Louis, MO, May 19--Solutia Inc. has launched the process to amend its debtor-in-possession (DIP) financing to improve pricing. The amendment would also provide for a six-month extension of the facility, through June 19, 2006.

Leading Indicators Off 0.2%

New York, NY, May 19--The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index increased 0.2 percent and the lagging index increased 0.4 percent in April.