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.

Pergo and Witex in Arbitration

Trelleborg, Sweden, June 24--In an announcement Pergo has said that arbitration has been initiated between Pergo and the bankruptcy estate of Witex.

Quick-Step Donates to Habitat for Humanity

Thomasville, NC, June 24--Quick-Step Inc., a division of Unilin Flooring, said it recently donated 275 square feet of flooring, as well as company volunteers, to a Habitat for Humanity renovation project in the Thomasville area.

Americans May Be Shifting Away from Super Sized Ho

Mooresville, NC, June 24-- Over the past three decades, the square footage of new homes has increased by approximately 55 percent* from 1,500 in 1970 to 2,330 square feet today. However, design and architectural experts see a burgeoning plateau.

NY Fed: No Sign of Housing Bubble

New York, NY, June 23--There is no bubble in national home prices, and even if regional house prices do fall that will not pose a threat to the overall U.S. economy, the New York Federal Reserve Bank said on Tuesday.

Cavalier Homes Expects Second Quarter Loss

Addison, AL, June 23, 2004--Cavalier Homes, Inc.today announced that, although its financial results for the second quarter of 2004 are expected to show improvement from the first quarter of 2004.

Price-Fixing Inquiries Sweep Chemical Industry

Washington, DC, June 22--A two-year-old price-fixing probe that began in an obscure corner of the chemical industry has snowballed into a series of international investigations involving industry giants such as Dow Chemical, DuPont Co. and Bayer AG.

Jute Exporters Demand Incentives

Dhaka, Bangladesh, June 22—The country’s jute exporters demanded 30 percent cash incentives to compete in the global market. Currently jute exporters are receiving 7.5 percent cash incentives.