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.

Greenspan: Rates Must Rise At Some Point

Washington, Mar. 3--Interest rates are too low for long-term economic stability and will have to rise at some point, Federal Reserve chairman Alan Greenspan said.

Hospitals to Boost Spending

New York, Mar. 3--Hospitals plan to boost capital spending by 14% annually over the next five years, a new survey shows, a move that could squeeze many hospital systems' already thin profits.

Eureka Introduces “Easier To Use” Carpet Shampooer

Bloomington, IL, Mar. 3-- According to a recent survey, consumers aren't cleaning carpets as often as they'd like.

Colorado Hardware Merchant Says He Can Compete wit

Colorado Springs, CO, Mar. 3--Ace Hardware franchise owner Darek Barnes thinks he has found a niche where he can successfully compete with home improvement giant Home Depot Inc.

Unifi Cuts 2 Plants

Greensboro, NC, Mar. 3-- Unifi is closing two plants, cutting back at another and eliminating nearly 400 jobs, or about 10 percent of its work force, to cut costs in response to the slump in the textile business.

New Flooring Fights Bacteria

Montpellier, France, Mar. 3--A new range of polyurethane resin-based floor systems that combines an antimicrobial layer has been launched.

Louisiana-Pacific Lowers 4th Quarter Earnings

Portland, OR, Mar. 2--Louisiana-Pacific Corp. said it lowered its fourth-quarter earnings because of a change to its legal reserves stemming from a recent adverse court ruling.

EU Launches Tariffs Against U.S.

Seattle, WA, Mar. 2--U.S. exporters began paying the price for a trade fight between the United States and European Union yesterday.

Prosecutor: Stewart Left Evidence Of Lies

New York, NY, Mar. 2--Telling careful lies but making careless mistakes, Martha Stewart and her stockbroker were bent on keeping investigators from the truth about why the homemaking icon sold stock, a federal prosecutor said Monday.

FieldTurf Selected for Metrodome Following Bankrup

Minneapolis, MN, Mar. 2--The Metropolitan Sports Facilities Commission (MSFC) announced today that it will move forward with the purchase and installation of "FieldTurf."