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.

BASF to Increase SB Latex Prices

Charlotte, NC, July 3, 2006 -- Effective August 1, 2006, or as contracts allow, BASF will raise prices by four cents per dry pound in the United States and Canada on all Butofan, Styrofan and Styronal carboxylated styrene-butadiene latex products.

Consumer Income and Spending Up in May

Washington, DC, June 30, 2006--Personal income in May increased at a seasonally adjusted monthly rate of 0.4%, after rising a revised 0.7% in April, the Commerce Department said Friday.

Home Depot To Expand in China

Chicago, IL, June 29, 2006--A Home Depot executive told analysts at the William Blair and Co., conference in Chicago yesterday that the company is making big plans to expand into China.

Galaxy Co-Founder Harvey Dies

Chicago, IL, June 27, 2006--Irv Harvey, co-founder and former President of Galaxy Mills died Saturday. He was 75. Harvey also served as chairman of the Carpet & Rug Institute board of directors.

Antron Brilliance Wins Best of NeoCon

Atlanta, GA, June 26, 2006--Antron Brilliance nylon won the Best of NeoCon Gold award in the category of carpet fiber. The newest offering from Antron, Brilliance features patented fiber engineering for richer color with better performance.

Tarkett AG 1Q Earnings Up

Frankenthal, Germany, June 26, 2006--In the 1st quarter 2006, Tarkett AG reported net profit of 9 million Euro (US$11.3 million), compared to 8.6 million Euro (US$10.8 million) in the 1st quarter 2005.

Feltex Shares Suspended

Wellington, New Zealand, June 23, 2006--Feltex Carpets Ltd. is in talks with an investor to raise more equity.

Leading Indicators Off 0.6%

New York, NY, June 22, 2006--The Conference Board announced today that the leading index decreased 0.6 percent, the coincident index increased 0.1 percent and the lagging index increased 0.2 percent in May.

Wool Prices Near All-Time Low

London, England, June 21, 2006--British sheep farmers are getting a final average payment of only 45p per kg for last year's wool clip, with 3.7 million kg of it still in store and the 2006 clip under way.