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Sales of existing homes rose 5.5 percent to a record pace in August, the National Association of Realtors (NAR) said.

Formica Corp. has filed its plan of reorganization and disclosure statement with the United States Bankruptcy Court for the Southern District of New York.

Armstrong will initiate a 3 to 5 percent price increase on selected residential vinyl sheet flooring products effective with shipments on Dec. 1.

Columbia Flooring will institute a price increase of up to 10 percent on its 3/4" prefinished solid oak hardwood flooring products.

Milliken Carpet's Simply collection took home a gold IIDEX/NeoCon Canada Product Award in the modular carpet category.

E.J. Welch Co. will distribute Moreland Wood Products' high-end flooring, mouldings and accessories throughout the Midwest.

Shaw Rugs has expanded into the broader home furnishings marketplace.

Over the coming weeks, Mohawk University will host seminars in various regions of the nation.

Pilot Chemical Co. has appointed Bayer Chemicals as distributor of diphenyl oxide disulfonate (DPOS), manufactured by Pilot Chemical for the North American textile market.

The Conference Board reported that its Index of Leading Economic Indicators rose 0.4 percent in August to 113.3, in line with analysts' expectations.