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.

Q.E.P. Reports 2Q Profit

Q.E.P. Reports 2Q Profit

Boca Raton, FL, October 16, 2007—Tool and accessories maker Q.E.P. swung to a profit in the fiscal second quarter versus a year-ago period, weighed by a hefty impairment loss.

New York Manufacturing Index Rises

New York Manufacturing Index Rises

New York, NY, October 15, 2007--Manufacturing in New York unexpectedly increased in October, reaching the highest level in three years, as orders and sales gained.

Automotive Company Collins & Aikman Sells 2 Units

Automotive Company Collins & Aikman Sells 2 Units

Detroit, MI, October 15, 2007--Privately held International Automotive Components said that it has acquired two auto parts businesses with 4,150 employees from Collins & Aikman Corp. Terms were not disclosed.

Indian Rugs Recalled

Washington, DC, October 15, 2007--About 2,900 "Alyssa" shag rugs, manufactured in India and imported by J.C. Penney Co., Inc. were recalled.

Ohio Retailer Expanding

Lawrenceburg, OH, October 15, 2007--Furniture Co., which sells everything from bedroom sets to flooring to window treatments, is expanding its showroom by 10,000 square feet.

Shaw To Establish Pennsylvania Distribution Center

Shaw To Establish Pennsylvania Distribution Center

Leetsdale, PA, October 15, 2007--Shaw Industries has signed a lease for 50,000 square feet at an empty 130,000-square-foot building in Leetsdale Industrial Park, in Leetsdale, Pennsylvania, according to Shaw executive vice president Julius Shaw.