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.

Lear to Sell Europe Interiors Unit

Southfield, MI, July 20, 2006--Lear said it has agreed to sell its European interiors systems segment to International Automotive Components Group, in exchange for a 34 percent equity interest in the joint venture.

London Designer Sues ABC Carpet & Home

New York, NY, July 20, 2006--The Rug Co., a London-based carpet designer, has sued a New York firm for allegedly selling budget knockoffs of its top-level ware.

AIA, AGC, and CURT Join to Transform Design and Co

Washington, DC, July 20, 2006--In an effort to address and solve problems caused by industry fragmentation, The American Institute of Architects (AIA), the Associated General Contractors of America (AGC), and the Construction Users Roundtable (CURT) today

Google Still Top Search Engine

Reston, VA, July 19, 2006--comScore Networks released its monthly qSearch analysis of activity across competitive search engines.

Ryland Group’s 2Q Earnings Off

Calabasas, CA, July 19, 2006--Home builder Ryland Group Inc., said its second-quarter net income fell 9% from the year-ago period and lowered its 2006 profit outlook for the second time as the housing market continues to wind down.

Egyptian Rugs Popular in Brazil

São Paulo, Brazil, July 18, 2006--Brazil is one of the importers of the famous carpet industry of the Arab world. In the first semester of the year, Brazilians spent US$ 407,900 on rugs made in the Arab countries in North Africa and Middle East.

Floor-Tek 2007 Expo Dates Set

Dalton, GA, July 14, 2006--The American Floorcovering Alliance announced today that their Floor-Tek 2007 Expo would be held October 23-25, 2007 at the Northwest Georgia Trade & Convention Center in Dalton.

Jobless Caims Up Last Week

Washington, DC, July 13, 2006--First-time applications for unemployment benefits rose by 19,000 in the latest week to 332,000, the highest since May 27, the Labor Department said Thursday.