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.

3M Earnings Up Over 11 Percent

Chicago, IL, April 21--Industrial conglomerate 3M Co. said on Monday its quarterly earnings rose over 11 percent, helped by strong sales in its new displays and graphics division and by cost controls.

Consumer Prices Rise

Washington, DC, Apr. 16--Consumer prices rose 0.3% in March, largely reflecting higher energy costs. But most other prices were under control, suggesting the nation's inflation picture looks good.

Business Inventories Rise

Washington, DC, Apr. 14--Businesses' stockpiles of unsold goods rose in February as sales fell amid prewar jitters. According to the Commerce Department, business inventories went up 0.6% in February, compared with a 0.3% rise in January.

Producer Price Index Up

Washington, DC, Apr. 11-Wholesale prices rose 1.5% in March, according to the Labor Department. The increase reflected a jump in energy costs stoked by war tensions and sharply higher prices for cars and clothes.

Florim USA Plans For Growth

Clarksville, TN, April 10-- As Florim USA launches its fourth year of operations, its parent, The Florim Group, is projecting continued growth and plans ongoing investments and improvements.

Ross May Not Bid On Burlington

Greensboro, NC, Apr. 9--Wilbur Ross, who many thought would be the lead bidder for Burlington Industries after Berkshire Hathaway dropped out, said he would step aside if another buyer put forth a good price for the bankrupt carpet and apparel maker.

Home Depot Canada Head To Run Expo

Atlanta, GA, Apr. 9--Home Depot has named Annette Verschuren to head the 53 store Expo Design Center, according to a report in the Atlanta Journal-Constitution. Verschuren will serve as interim president of the division while a replacement for Bob Wittman