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.

Armstrong Clears the Decks As Crucial Hearing Near

Lancaster, PA, Oct. 21--The strategy of Armstrong World Industries for emerging from bankruptcy protection as soon as possible seems to boil down to these four words: Let's make a deal.

Homebuilder Ryland 3rd Quarter Earnings Up 34%

Calabasas, CA Oct. 21--Ryland Group's third-quarter net income jumped 34%, as the market for new homes remains strong.

Louisiana-Pacific 3rd Quarter Earnings Up Sharply

Portland, OR, Oct 22--Wood products maker Louisiana-Pacific Corp. said its third-quarter profit rose sharply, driven by strong demand and prices on wood panels used in homebuilding.

DuPont Reports 3rd Quarter Loss on Charges & High

Wilmington, DL, Oct. 22--DuPont Co. swung to a loss in the third quarter on special charges, higher raw material costs and noncash pension and stock-option expenses.

Solutia Bondholders Open To Restructuring Plan

St. Louis, Oct 21--Solutia Inc. bondholders appear to be open to the company's plan to restructure $1.25 billion in debt, announced last week.

UK’s Brintons To Launch Industry-Changing Loom

Kidderminster, UK, Oct. 20--Brintons, one of Britain's biggest carpet makers, says it's close to unveiling a machine that could change the economics of the industry.

3M's Earnings Up 22 Percent

St. Paul, MN, Oct. 20- 3M Co.'s third-quarter profit rose 22%, driven by cost-cutting measures and improved productivity as six of its seven businesses saw higher sales volumes.

Leading Indicators Decline

New York, Oct 20--An index designed to foreshadow movements in overall economic growth slipped in September, suggesting that the U.S. economic recovery has slowed from its red-hot third-quarter pace, but isn't about to stall, as reported in the Wall S

Louisiana-Pacific Sells Timberland for $290 Millio

Portland, OR, Oct. 20--Louisiana-Pacific Corp. sold about 463,000 acres of timberland located in southeast Texas for $290 million, bringing to a close the timberland portion of its divestiture program.

North Carolina Lawmakers Scope Out High Point Mark

High Point, NC, Oct. 21--State legislators strolled through High Point's three largest showrooms Friday at the International Home Furnishings Market according to the High Point Enterprise.