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.

Dal-Tile to Add Distribution Center in Florida

Lakeland, FL, February 2--According to the Lakeland Ledger, the Lakeland Economic Development Council has reported that the Heritage Business Center will lease 10,000 square feet of space to Dal-Tile Corp., which will use the space as a distribution cent

Home Depot Director to Step Down

Atlanta, GA, February 2--Home Depot director Roger S. Penske doesn't plan to stand for re-election to the company's board, the home-improvement retailer disclosed Tuesday.

Azrock Nets Two Awards

Houston, TX, February 2--Architecture Magazine recently awarded Azrock by Tarkett the 2004 Architect’s Choice for Excellence (ACE) Award in the resilient flooring category.

Manufacturing Activity Grows in January

Tempe, AZ, February 2--Economic activity in the manufacturing sector grew in January for the 20th consecutive month, while the overall economy grew for the 39th consecutive month.

Report: May-Federated Talks Hit Snag

New York, February 1—-According to a report in the Wall Street Journal, price appears to be a prime sticking point in Federated Department Stores’ efforts to acquire May Department Stores.

Universal Forest 4Q Earnings Up 38%

Grand Rapids, MI, February 1--Universal Forest Products Inc. reported that its fourth-quarter profit rose 38 percent, helped by higher lumber and chemical prices, and the company expects results to improve in 2005.

Georgia-Pacific 4Q Earnings Off

Atlanta, GA, February 1--Georgia-Pacific reported its fourth-quarter net profit fell by almost half, after it increased funds to cover asbestos lawsuits.

Leggett & Platt 4Q Earnings Up 11%

Carthage, OH, February 1--Leggett & Platt posted an 11 percent increase in fourth-quarter earnings, driven by on asset sales, a lower tax rate, sales growth and full production at its steel mill.

Lanxess Makes Market Debut

Frankfurt, Germany, February 1--Lanxess AG, the spun-off chemicals and polymers business of German drug maker Bayer AG, made its debut on the Frankfurt stock exchange Monday.

Chain Store Sales Off 1.9% Last Week

New York, NY, February 1--The International Council of Shopping Centers-UBS Retail Chain Store Sales Index plunged by 1.9% in the week ended Jan. 29 from the week before, on a seasonally adjusted, comparable-store basis, according to data released Tuesday