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.

Home Depot to Acquire Hughes Supply

Atlanta, GA, January 10, 2006--Home Depot and Hughes Supply, Inc., a leading distributor of construction, repair and maintenance products, today announced a definitive agreement for Home Depot to acquire Hughes Supply for an aggregate consideration of $3.

Home Depot Acquires Chem-Dry

Atlanta, GA, January 9, 2006--Home Depot announced that it has acquired Chem-Dry, the franchisor for the world's largest carpet and upholstery cleaning and service provider network. Chem-Dry has nearly 4,000 franchises worldwide, including 2,500 in th

Iranians to Produce $9 Million Carpet

Tehran, Iran, January 9, 2006--Iranian carpet weavers will start weaving a 5,700-square-meter, 80-billion-rial (roughly US $9 million) carpet for the Sheikh Zayed al Nahyan Mosque as of January 21, 2006.

NAM: Soaring Natural Gas Prices Pose Critical Chal

Washington, DC, January 6, 2006--High winter heating bills will continue to suppress consumer spending in the first quarter of 2006, resulting in the economy growing at an annual rate of just 2.6 percent - the slowest quarterly growth rate since the first

Propex to Buy SI

Austell, GA, January 6, 2006--Propex Fabrics Inc., SI Concrete Systems Corporation and SI Geosolutions Corporation (SI) announced today that a definitive agreement has been entered into whereby Propex will purchase SI.

Pending Home Sales Index Slowing

Washington, DC, January 5, 2006--Pending home sales, a leading indicator for the housing sector, slowed for the third consecutive month and demonstrates that a market transition is firmly in place, according to the National Association of Realtors.

Mohawk Hardwood Intros Target High and Low Price P

Dalton, GA, January 5, 2006--Mohawk Hardwood launches for 2006 cover the spectrum. In addition to its new premium products featuring Scotchgard Advanced Repel Finish Technology, the company has rolled out a new line of exotic solid hardwood floors.

Mohawk Carpet Introductions Strengthen Line in all

Dalton, GA, January 4, 2006--Mohawk’s carpet introductions for 2006 cover a broad spectrum. There are introductions designed to fit niches in value, luxury, and specialty applications. And according to company executives, Mohawk continues to push its em

Denial of Armstrong’s Reorganization Plan Upheld b

Lancaster, PA, January 3, 2006--Armstrong Holding announced that on December 29, 2005, the United States Court of Appeals for the Third Circuit filed its decision upholding the U.S. District Court's denial of confirmation of Armstrong World Industries

Faus Group and Pergo Settle All Disputes

Dalton, GA, January 2, 2006--Faus Group, Inc. (“Faus”) is very pleased to announce they have settled all existing litigation with Pergo anywhere in the world on terms both parties believe are reasonable.