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.

Paper: Home Depot Shares Look Undervalued

New York, October 12--Shares of Home Depot Inc. may extend gains amid solid expected growth in sales of homes and home improvement products, according to the latest edition of Barron's, the weekly financial newspaper.

Irish Carpet Plant Gutted

Kilkenny, Ireland, October 11--A major fire has broken out at a wooden flooring and carpet factory in county Kilkenny, at the Hebron Industrial Estate, according to IrelandOnline.com.

Tennant Cuts Jobs, Takes Charge

Minneapolis, MN, October 8--Tennant Company said it is taking actions to permanently reduce costs as part of a continuing effort to improve profitability.

BASF to Increase Latex Prices

Charlotte, NC, October 6 -- Effective November 1, 2004, or as contracts allow, BASF will raise prices in the United States and Canada by $0.05 per dry pound on all Butonal high-solids styrene butadlene latex products supplied to the carpet, construction,

Producer Prices Up 1.7%

Washington, DC, November 16--The producer price index for finished goods rose 1.7% in October, which the biggest increase since January 1990, according to a Labor Department report.

Foamex Names New Board Member

Linwood, PA, November 12--Foamex said it has named Thomas M. Hudgins to the company's board of directors, effective immediately. Hudgins will also serve on the board's audit committee.

Green Campaigners in Scotland Win Hardwood Floorin

Glasgow, Scotland, November 11--Council chiefs confirmed yesterday that a "sustainable" wood supply had been chosen for a multi-million-pound refurbishment project following protests from environmental campaigners.