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.
Washington, DC, January 31--Sales of new single-family homes rose 0.1% in December, to a seasonally adjusted annual rate of 1.098 million, to close out the strongest year on record, according to the Commerce Department.
Mercerville, NJ, January 31--Congoleum announced a five percent price increase on Jan. 25 to be applied to all of its residential and commercial flooring products. The price increase will be effective with shipments beginning March 1, 2005.
Morris Township, NJ, January 28--Honeywell International Inc. posted a 3 percent rise in quarterly profit and lifted its earnings outlook for 2005, buoyed by strong orders from its mainstay aerospace unit and hot demand for turbo chargers.
Trelleborg, Sweden, January 26--Pergo said it has two steps to protect its patent rights: The group has filed an infringement and copyright action suit against Faus for infringement and the United States Patent Office has issued a "Notice of Allowance."
Calhoun, GA, January 27--Mannington Commercial introduces BioTec, a revolutionary new floorcovering platform that solves a vast array of flooring challenges in healthcare facilities.
Mooresville, NC, January 27--At the beginning of the decade, Lowe's chairman and chief executive Robert L. Tillman declared his goal for the home-improvement giant to become the top major appliance retailer by 2006.
Brookneal, VA, January 26--According to Lynchburg, Virginia, News & Advance, the Tarkett Wood Inc., formerly known as Brookneal Flooring, plans to hire 26 people and invest $1.7 million in a new production line.
Whitehall, PA, January 25--Tarkett Residential has announced plans to initiate price increases on select FiberFloor products as well as the company’s residential sheet flooring line.
Eglisau, Switzerland, January 24--The Forbo Board of Directors has taken note that Michael Pieper and companies under his control have increased their interest in Forbo to more than 20%.
Las Vegas, NV, January 25--Chameleon neutrals, traditional colors laced with white undertones and Latin and Asian influences will be among the hot new trends in home interior color palettes throughout 2005, according to the new "Anso Nylon 2005 Color Tren