Revenue Rises 38% at IWT Tesoro
Westport, CT, May 12--IWT Tesoro Corp., a leading provider of ceramic, porcelain and natural stone wall and floor covering materials, announced 2004 year-end results.
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.
Carpet Pad Fire at Alliance Cushion Facility
Torrington, CT, May 12--Carpet padding foam stored in trailers erupted into a spectacular fire Wednesday, forcing firefighters to evacuate residents under billowing smoke.
Forbo-Nairn Hopes to Lead Fight Against MRSA Super
Kirkcaldy, Scotland, May 12--A Scottish flooring manufacturer that claims its product can help the NHS in Scotland combat the superbug MRSA has increased sales by over 13 per cent compared with last year.
April Retail Sales Up 1.4%
Washington, DC, May 12--Retail sales rose 1.4% in April, according to the Commerce Department. The increase came after an upwardly revised 0.4% increase in March. March sales were originally reported as having increased 0.3%.
Mannington Receives Chemistry Council Award
Salem, NJ, May 12--Last week, Mannington Mills, Inc. was awarded the 2005 Chairman’s Award by the Chemistry Council of New Jersey (CCNJ).
Greenbuild Part of Commerce Department’s Internati
Washington, DC, May 11--The Greenbuild International Conference and Exposition, an annual conference organized by the U.S. Green Building Council (USGBC), has been accepted into the U.S. Department of Commerce’s (DOC) International Buyer Program.
Toll Brothers Homebuilding Sales up 51%
Horsham, PA, May 11—-Toll Brothers said its second-quarter contracts and backlog for the period ended April 30 were the highest in its history on strong demand for luxury homes.
Federated’s 1Q EPS Up 34%
Cincinnati, OH, May 11--Federated Department Stores in the first quarter reported net earnings that were up 27 percent to $123 million.
Trade Deficit Narrows in March
Washington, DC, May 11--The deficit narrowed by 9.2% in March to $55 billion. This is the lowest trade deficit since last September and the largest monthly decline since December 2001.
3M Reaffirms 2005 Earning Guidance
St. Paul, MN, May 11--3M Co. reaffirmed its 2005 earnings guidance on Tuesday despite what it called slowing growth in the global economy.