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.

Martha Stewart to Close Web, Catalog Operations

New York, NY, January 20--Martha Stewart Living Omnimedia is closing its money-losing online store and catalog in February, according to a notice posted on the company's Web site.

Two Sport Flooring Companies Merge

Arlington Heights, IL, January 20--Sport Court International and Connor Sports Flooring Corporation have merged to create Connor Sport Court International.

Specter Backs $140B Asbestos Bill

Washington, DC, January 20--Senate Judiciary Committee Chairman Arlen Specter said on Wednesday he was proposing a $140 billion fund to compensate asbestos victims and cap the liability of companies paying them damages.

Beige Book: Economy Stronger

Washington, DC, January 20--The Federal Reserve in its Beige Book reported that economic activity continued to pick up in most of the country in late November through early January.

Report: Tarkett Sweden AB to Cut 120 Jobs

Ronneby, Sweden, January 20--According to the Swedish news agency TT Tarkett Sweden AB plans to close down its production facility in Broby, Sweden and transfer parts of the operations to Poland.

Honeywell Receives EPA Award

Morris Township, NJ, January 20--Honeywell said that it announced that it received the Landfill Methane Outreach Program (LMOP) "Project of the Year" award for 2004 from the U.S. Environmental Protection Agency (EPA) for an innovative landfill gas recover

Homebuilder D.R. Horton 1Q Earnings Beat Estimates

Fort Worth, TX, January 20--Homebuilder D.R. Horton Inc. reported first-quarter net income of $241 million, or $1.01 per share, compared with net income of $185.6 million, or $0.78 per share a year earlier.

Fire Damages Silo at a Robbins Plant

Ishpeming, MI, January 19--A fire in a silo at the Robbins Inc. flooring mill kept more than two dozen firefighters on the scene for nearly 12 hours in bitter cold Monday according to the Detroit Free Press.

December CPI Up 0.1%

Washington, DC, January 19--Consumer prices were off 0.1 percent in December, led by a drop in gasoline and heating oil prices, according to a Labor Department report. The core index, which excludes food and energy increased 0.2%.

Oregon Rug Dealer Moves to Larger Quarters

Phoenix, OR, January 19--Bug in a Rug blended well for many years inside New West Imports in Medford. The area-rug dealer eventually outgrew its habitat, however, and needed a place of its own, according to the Medford, Oregon, Mail Tribune.