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.

Florida Tile To Close Lakeland, FL Plant

Lakeland, FL, Nov. 18--Florida Tile Industries Inc. announced Monday it will close its Lakeland manufacturing plant.

Global Deal For New Wool Firm

Auckland, NZ, Nov. 18--A new wool company owned by New Zealand's sheep farmers has roared into life with a multimillion-dollar deal to deliver a wonder wool protein to the world's cosmetic buyers.

Quarterly Total State Home Sales Hit New Record

Washington, DC, Nov. 14--Total state existing-home sales activity in the third quarter was the highest on record, with 48 states and the District of Columbia posting increases from a year ago.

Eco-Friendly Structures Catching On

Pittsburgh, PA, Nov. 17--They've figured out how to build carpets from recycled materials, urinals that don't use water, and energy-efficient roofs covered with plants, according to the Philadelphia Inquirer.

Business Inventories Rise Unexpectedly

Washington, DC, Nov. 17--U.S. business inventories unexpectedly rose 0.3 percent in September as unsold stocks of autos accumulated at the fastest clip since February, a government report showed on Monday.

Steve Forbes To Give Coverings' Keynote Addres

Alexandria, VA, Nov. 14--Coverings announced today that Steve Forbes, president and CEO of Forbes, Inc. and editor-in-chief of Forbes Magazine, will be the keynote speaker for this leading global trade event for ceramic tile, natural stone, flooring and r

Austrian Insulation Firm To Show At Surfaces

Kremsmünster, Austria, Nov. 17--For the first time ever, Greiner Perfoam will exhibit at Surfaces, held in Las Vegas, Nevada, from January 28th-30th.

Lowe's Posts Earnings Increase

Mooresville, NC, Nov. 17--Lowe's Companies, Inc. today reported net earnings of $452 million for the quarter ended October 31, a 33.3 percent increase over the same period a year ago.

Sears Note Tender Completed

Hoffman Estates, IL, Nov. 17--Sears Roebuck & Co. said about $5.9 billion in notes, excluding redemptions in 2004, were tendered in its cash offer to buy $11.8 billion of its debt.

Economists Lift Forecasts For Early 2004

New York, NY, Nov. 12--Economists are nudging higher their projections for economic growth early next year, suggesting they are becoming more confident the recovery is sustainable.