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.

Insurers Working On Deal With Asbestos Exposed Fir

Washington, DC, Sept. 17--Shares of companies exposed to asbestos litigation rose Tuesday amid speculation that defendant companies had reached a deal with insurers on sticking points in proposed federal asbestos legislation.

Home Depot To Install Digital Surveillance Systems

Atlanta, GA, Sept. 17--The Home Depot, the world's largest home improvement retailer, today announced that it has begun installation of real time, digital video surveillance technology in all of its nearly 1,600 stores.

Builder Confidence Down Slightly

Washington, DC, Sept. 16--Higher interest rates on home mortgages likely caused builder confidence in the market for new single-family homes to dip slightly in September.

W.L. Ross Offers To Buy Struggling Textile Produce

Greensboro, NC, Sept. 16--Cone Mills Corp., the largest denim fabric maker, said on Tuesday it plans to file for Chapter 11 bankruptcy protection soon and accept a buyout offer from distressed asset fund W.L. Ross & Co. under court auspices.

AFA, State Of Georgia, To Host Pavilion At Domotex

Dalton, GA, Sept. 17--This January 17 to 20, the American Floorcovering Alliance (AFA), together with the Georgia Department of Industry,Trade & Tourism (GDITT) will lead a contingent of companies to the Domotex show in Hannover, Germany.

Small Businesses Vulnerable To Embezzlement

Athens, GA, Sept. 16--When Michael Blanton, president and owner of Dalton Carpet One in Athens, found out that an employee had been embezzling money, he was both surprised and angry, according to the Athens Banner-Herald.

Haworth To Buy InterfaceAR Assets

Holland, MI, Sept. 16--Haworth, Inc. and Interface, Inc. announced that they have signed an agreement for Haworth to purchase the assets of Interface Architectural Resources (InterfaceAR), a Grand Rapids-based manufacturer of raised access flooring curren

U.S. Firms To Boost Hiring In 4th Quarter

New York, NY, Sept. 16--More U.S. companies plan to hire staff in the fourth quarter than in the previous three months, marking the first quarter-to-quarter increase this year, a survey released on Tuesday said.