Earnings Drop 43% at Propex in 2004
Austell, GA, April 15--Propex Fabrics Inc. reported income for the year 2004 before taxes of $8.3 million compared with the $14.6 million it has earned in 2003, a decrease of 43.2%.
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.
Empire State Manufacturing Index Down
New York, NY, April 15--Manufacturing activity in the New York area fell dramatically in April, according to the New York Federal Reserve Bank.
NWFA Calls Wood Floors Renewable Option for Consum
St. Louis, MO, April 15--The National Wood Flooring Association reminds industry professionals that real wood flooring is the only flooring option available that can be renewed time and time again.
Bankruptcy Reform Bill Passes
Washington, DC, April 15--The most sweeping rewrite of U.S. bankruptcy laws in a quarter century will take effect six months after President Bush signs a bill that Congress sent to him Thursday.
Consumer Sentiment Falls
Ann Arbor, MI, April 15--The University of Michigan's consumer sentiment index fell to 87.7 in mid-April from 92.6 in March, according to media reports on the proprietary research.
Sherwin-Williams Raises 1Q Guidance
Cleveland, OH, April 15--Sherwin-Williams said its first-quarter net income will surpass earlier forecasts because of higher-than-expected sales.
Industrial Production Up 0.3%
Washington, DC, April 15--Industrial production rose 0.3 percent in March, reflecting increased mining and utility output.
Import Prices Up 1.8% in March
Washington, DC, April 15—-Import prices rose 1.8 percent in March, a rise that followed a 0.8 percent increase in February, according to a Labor Department report issued today.
INSTALL to Offer KoolGlide Certification Program
St. Louis, MO, April 14--The INSTALL program said it has become the first to offer floor covering professionals an opportunity to receive training leading to certification of the KoolGlide Carpet Seaming System.
Carpet One Wins USA Magazine Award
Manchester, NH, April 14--Carpet One’s community relations campaign, "Carpet One Makes A Difference," was recently recognized by USA Weekend magazine.