Today's Flooring News

  1. Home
  2. 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.

Forbo Reports 1.5% Sales Increase

Eglisau, Switzerland, February 1--In the business year 2004, Forbo raised net sales by CHF 23.4 million ($19.7M) to CHF 1,622.3 million ($1.36B), which corresponds to an increase of 1.5% over the previous year.

2004 GDP Best in 5 Years

Washington, DC, January 31--The economy finished 2004 with its best performance in five years despite slowing in the final stretch.

December New Home Sales Up 0.1%

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.

Congoleum Announces Price Increase

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.

Honeywell 4Q Earnings Up 3%

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.

Pergo Takes Patent Infringement Action Against Fau

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."

Lowe's Tillman Set To Step Down

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.

Report: Tarkett to Install New Wood Line in Virgin

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.