Producer Prices Up 0.6%
Washington, DC, August 14, 2007--The producer price index rose 0.6 % in July, following a 0.2% decline in June, according to the Labor Department.
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.
Shanghai Eswell Signs Agreement with Välinge
Viken, Sweden, August 14, 2007--The Chinese wood producer Shanghai Eswell Timber has signed a global license with Välinge.
Home Depot 2Q Earnings Off 15%
Atlanta, GA, August 14, 2007—Home Depot in the second quarter reported net earnings that were off 15% to $1.6 billion, or $0.81 per share.
Congoleum 2Q Earnings Up on Lower Sales
Mercerville, NJ, August 10, 2007--Congoleum Corp. in the second quarter reported net income that rose 33% to $835,000 versus $626,000 in the second quarter of 2006.
Milliken Launches Stimulus
LaGrange, GA, August 10, 2007--Milliken Carpet has launched Stimulus, a new way to achieve exciting and unique floorscapes of seemingly infinite variety while also eliminating design lines and pattern repeats.
Mullican Products “Verified Sustainable”
Johnson City, TN, August 9, 2007-- Mullican Flooring prefinished hardwood products have been verified as "sustainable" by the Appalachian Hardwood Manufacturers Inc.
Business Inventories Up in June
Washington, DC, August 13, 2007—Business inventories rose 0.4% in June, after increasing 0.5% May, according to the Commerce Department.
Auto Carpet Firm Setting Up in Chattanooga
Chattanooga TN, Aug. 13, 2007--A new company specializing in automotive carpet is setting up production here next year.
Empire Today’s Celebrates 30 Years of Empire Man
Northlake, IL, August 13, 2007--Empire Today said that 2007 marks the 30th anniversary of the introduction of its iconic television pitchman “The Empire Man.”
Retail Sales Up Less Than Expected in July
Washington, DC, August 13, 2007--Retail sales increased 0.3% in July, according to the Commerce Department.