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.

Manufacturers Encouraged by Asbestos Fund Plan

Washington, DC, April 18--The trade association representing U.S. manufacturers said on Friday it was encouraged by a Senate plan to create a $140 billion asbestos compensation fund, but stopped short of an endorsement.

Freddie Mac Looks Ahead

Washington, DC, April 18--Here are some highlights from Freddie Mac’s April 2005 Economic Outlook released last week.

Import Prices Up 1.8% in March

Washington, DC, April 15—-Import prices rose 1.8 percent in March, a rise that followed a 0.8 percent increase in February, according to a Labor Department report issued today.

Bankruptcy Reform Bill Passes

Washington, DC, April 15--The most sweeping rewrite of U.S. bankruptcy laws in a quarter century will take effect six months after President Bush signs a bill that Congress sent to him Thursday.

Earnings Drop 43% at Propex in 2004

Austell, GA, April 15--Propex Fabrics Inc. reported income for the year 2004 before taxes of $8.3 million compared with the $14.6 million it has earned in 2003, a decrease of 43.2%.