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.

Greenspan: Flexibility Benefits Economy

Washington, D.C., October 12, 2005--Federal Reserve chairman Alan Greenspan said on Wednesday the ability of the U.S. economy to weather shocks showed the benefits of flexibility, even if this performance also encouraged "speculative excess."

Fed Probe of Former Kmart Execs Dropped

Detroit, MI, October 11, 2005--Federal prosecutors will not charge former executives of Kmart Corp., including former chairman and chief executive Charles Conway for their roles in events leading up to the discount retailer's 2002 bankruptcy.

Chain Store Sales Up Last Week

New York, NY, October 11, 2005--Chain store retail sales rose for the third consecutive week, with stronger sales in the Northeast and the Midwest, a retail report said on Tuesday.

Milliken Donation Offsets 100% of Greenbuild CO2 E

LaGrange, GA, October 11, 2005--Milliken & Company’s donation of more than 9 million carbon dioxide (CO2) credits is enough to offset 100 percent of the CO2 emissions associated with the U.S. Green Building Council (USGBC) 2005 Greenbuild International Co

Forbo Names Jörg Riboni CFO

Eglisau, Switzerland, October 11, 2005--As announced on August 23, 2005, Forbo has appointed a new chief financial officer and member of the group executive board.

Surfaces Conference Program Announced

Dallas, TX, October 10, 2005--The 2006 Conference Program at Surfaces 2006, which is sponsored by Mannington Mills, features hot topics, fresh ideas, critical business information and new speakers.

French and Japanese Visit Columbia Plant

Holden, WV, October 10, 2005--The flat slabs of wood flooring that traveled from pallets on the floor through a staining machine, heater and polyurethane coating process in Mingo County impressed French businessman Patrick Poirer.

Office Vacancies Drop in 3Q

New York, NY, October 10, 2005--Vacancies in the nation's office market fell to their lowest level in 3½ years in the third quarter while rents rose, a new survey said.