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.

S&P Ups Lowe's Ratings

New York, NY, December 10--Standard & Poor's Ratings Services today raised its long-term ratings on Lowe's Cos. Inc. (LOW) to 'A+' from 'A'. The outlook is stable. The 'A-1' short-term ratings on the company were affirmed.

Sumitomo Enters PVC Recycling Business

Tokyo, Japan, December 10--Sumitomo Corporation has announced its entry into the recycling business with the allocation of new shares to a third-party from Refineverse Inc., a polyvinyl chloride interior waste material recycling venture business.

Producer Prices Rise 0.5% in November

Washington, DC, December 10—The producer price index rose 0.5 percent in November, after a 1.7% increase the October, according to a Labor Department report.

Shaw Unit Completes Final Run of PVC

Dalton, GA, December 9--Shaw Industries Inc. ran its last production of Polyvinyl Chloride (PVC) carpet backing on December 8. The PVC production line will be replaced with new tile manufacturing equipment designed to increase capacity while decreasing en

Jordan Kane Receives Award of Merit

New York, NY, December 13--New York Construction News has presented Jordan Kane with the Award of Merit for their participation in the Hudson Valley Transportation Project.

Homebuilder Toll Brother Earnings Nearly Double

Huntingdon Valley, PA, December 9--Luxury homebuilder Toll Brothers said Thursday that fourth-quarter earnings nearly doubled year-over-year, and the company predicts that profit will grow by at least 40 percent in fiscal 2005.

Flooring Industry Survey Results Coming In January

St. Louis, MO, December 9--For the first time ever, FlooringKnowledge.com and Flooring America have partnered to conduct a flooring industry survey that will gather first-hand information on the status of flooring retailers today.