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.

CARE Releases Second Annual Report

Pensacola, FL, Apr. 30--The Carpet America Recovery Effort (CARE) Second Annual Conference concluded today following two days of lively discussion in an open forum.

Dow Chemical to Cut 3,000 Jobs

Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year.

Armstrong Reports First Quarter Results

Lancaster, PA, Apr. 29--Armstrong Holdings, Inc. today reported first quarter 2004 net sales of $845.0 million, a 9.0% increase over first quarter net sales of $774.9 million in 2003.

Warren Buffett Living Humbly in Nebraska

Omaha, NE, Apr. 30--The world's second richest man lives humbly in the Midwest city where he grew up, driving his own car, paying $12 for a haircut and stopping by his local drug store for newspapers.

Scottish Carpet Maker Stoddard’s Losses Double

Glasgow, Scotland, Apr. 30--Embattled Scottish carpet manufacturer Stoddard International yesterday announced that its underlying annual losses had doubled from £3.1m to £6.2m--as it filed its 2003 results on the last day it could have to comply with stoc

Alloc & City of Racine in Land Dispute

Racine, WI, Apr. 29--Alloc has sharpened its threats to reduce future investments here if the city takes back some land the company has not used, according to the Racine Journal-Times.

Dow Reports Earnings Improvement

Midland, MI, Apr. 29--The Dow Chemical Co. reported sales of $9.3 billion for the first quarter of 2004, compared with $8.1 billion a year ago, an increase of 15 percent and a quarterly record.

GDP Rose 4.2% in Quarter

Washington, DC, Apr. 29--The economy strengthened during the first three months of the year, but at a weaker-than-expected pace, the government said Thursday in a report that also suggested inflation rose at a faster rate.