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.

The Fed Hikes Rate to 4.75%

Washington, DC, March 29, 2006As expected, the Federal Open Market Committee raised the benchmark federal funds rate on Tuesday by a quarter of a percentage point, to 4.75 percent, and suggested that at least one more increase was in the cards.

Mannington Calls for 'Stand On a Better World&

Salem, NJ, March 29, 2006--Mannington Mills, a leading manufacturer of fine flooring, has announced the call for nominations for the 2006 "Stand On A Better World" Awards, which recognize women who have made significant contributions to their communities.

The Fed Hikes Rate to 4.75%

Washington, DC, March 29, 2006As expected, the Federal Open Market Committee raised the benchmark federal funds rate on Tuesday by a quarter of a percentage point, to 4.75 percent, and suggested that at least one more increase was in the cards.

Survey: CFOs Upbeat on Economy

New York, NY, March 29, 2006--According to a survey released Wednesday by accounting firm Grant Thornton, senior U.S. financial executives are overwhelmingly confident in the financial performance of their own companies, even if the economy does not perfo

Two Wisconsin Retailers Face Criminal Charges

Chippewa Falls, WI, March 29, 2006--Warrants were issued this morning for the arrest of two men who allegedly bilked area consumers out of thousands of dollars through a fraudulent flooring business in Chippewa Falls.

EIA’s New Guide to Sustainable Wood Flooring

Washington DC, March 29, 2006--The darker shades of exotic hardwoods, especially merbau, are the new fashion in flooring, but, says the Environmental Investigation Agency (EIA), but shoppers should beware of false claims that the flooring is from sustaina

NAM Wants to Help Shape Trade Bill

Washington, DC, March 29, 2006--The National Association of Manufacturers has commended Senators Charles Grassley (R-IA) and Max Baucus (D-MT), chairman and ranking member, respectively, of the Senate Finance Committee for the trade bill they introduced t

H.B. Fuller 1Q Earnings Up

St. Paul, MN, March 29, 2006--H.B. Fuller reported first-quarter profits that more than doubled, the result of lower manufacturing costs and a better product mix.