PPI Up 1% in July
Washington, DC, August 17—-Producer prices rose 1% in July due to higher energy and automobile prices, according to a Labor Department report.
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.
Houston Cleaning Service Joins Bio-Solutions
Hattiesburg, MS, August 16-- Bio-Solutions Franchise Corp., the exclusive marketing company for Bio-Solutions Manufacturing announced that Allison & Sons, has acquired the EcoSafe Cleaning Service franchise for Houston and Harris County, Texas.
Industrial Production Inches Up 0.1%
Washington, DC, August 16--Output at the nation's factories, mines and utilities rose by a modest 0.1% in July, according to a Federal Reserve report.
Study: More Recycling Would Benefit Georgia’s Econ
Atlanta, GA, August 16--Digging through 60 tons of trash taught researchers a lesson - what's good for the garbage dump, they say, also is good for Georgia's economy.
J.C. Penney 2Q Income Up 79%
Plano, TX, August 16--J.C. Penney in the second quarter reported income from continuing operations that rose 79% to $22 million, or $0.46 a share, up from a year-ago equivalent profit of $68 million, or $0.22 a share.
Wal-Mart 2Q Earnings Up 6%
Bentonville, AR, August 16--Wal-Mart reported second-quarter earnings that rose 6% to $2.8 billion, or $0.67 per share. The company reported sales that were up 10.2% to $76.8 billion.
Mohawk Realigns Residential & Commercial Flooring
Calhoun, GA, August 16--Mohawk Industries has realigned its Mohawk residential and commercial flooring businesses into two strategic business units (SBUs) designed to enhance operations and customer service.
CPI Up 0.5% in July
Washington, DC, August 16--The consumer prices index rose 0.5% in July, according to the Labor Department. The core index, which excludes food and energy increased 0.2%.
Brazilian Exhibitors Generate $22 Million at Cover
Alexandria, VA, August 16--The Brazilian tile and stone exhibitors at Coverings 2005 reported over US$22 million in revenue (5.5 million square meters of ceramic tile) resulting from business generated at the show.
Patcraft Commercial Carpet Unveils Pinstripe Tile
Dalton, GA, August 16--Bold graphic stripes and a visual color texture combine to create Pinstripe Tile’s stylized geometry, a new product from Patcraft Commercial Carpet.