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 May Lay Off More Lancaster Plant Workers

Lancaster, PA, Mar. 15--Another large layoff might be looming at the Lancaster floor plant of Armstrong World Industries, threatening an estimated 175 jobs, according to the Lancaster New Era.

Economists Still Optimistic

New York, NY, Mar. 12--Many economists admit they are stumped by the question of why the expanding U.S. economy isn't churning out lots of new jobs, as it did so faithfully in the 1990s

Retail Sales Rise

Washington, DC, Mar. 11--U.S. retail sales posted their biggest gain in three months during February, driven by strong demand for motor vehicles.

Slow Job Gains to Hold Interest Rates, Help Home S

Washington, DC, Mar. 9--Even with strong economic growth, the job market recovery has been slow, which should help to keep pressure off of interest rates and sustain home sales, according to the National Association of Realtors.

Berkshire Hathaway/Shaw Have Good Year

Omaha, NE, Mar. 6--Berkshire Hathaway reported that fourth-quarter net income more than doubled.

Ulster Carpet Mills CEO to Step Down

Craigavon, Northern Ireland, Mar. 5—Mike Mills, chief executive of Ulster Carpet Mills, is stepping down after 15 years.

Armstrong Reports 4th Quarter Results

Lancaster, PA, Mar. 5--Armstrong Holdings, Inc. today reported fourth quarter 2003 net sales of $805.8 million that were 7.1% higher than fourth quarter net sales of $752.1 million in 2002.

Armstrong 2

Armstrong 2

DuPont Clarifies Profit Outlook

Wilmington, DE, Mar. 4--Between 13 percent and 41 percent of the 2004 profit increase previously forecast by the DuPont Co. will result from an accounting adjustment related to the pending sale of Invista.

Home Depot Says Price Increases Have Neutral Effec

Orlando, FL, Mar. 3--Home Depot said on Tuesday it sees price increases in materials such as steel and lumber having no long-term effect on its business.