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.

Stewart Pleads Not Guilty

New York, NY, Jan. 20--Martha Stewart pleaded not guilty on Tuesday to securities fraud charges that could land her in jail, while prospective jurors were quizzed behind closed doors by a judge worried that their privacy not be violated by the high-profil

Housing Starts Rise

Washington, DC, Jan. 21--U.S. builders broke ground on new homes at a faster-than-expected pace in December, closing out the best year for housing since 1978 on an upbeat note, a government report showed on Wednesday.

Domotex Ends on a High Note

Hannover, Germany, Jan. 20--After four years of recession in the German builder market, Domotex Hannover 2004, Europe’s largest floorcovering market, started on a note of “cautious optimism.”

3M Earnings Top Forecasts

Chicago, IL, Jan. 20--Diversified manufacturer 3M Co. said Tuesday its quarterly earnings rose 21 percent helped by increased productivity and sales and forecast 2004 earnings at the high end of Wall Street analyst estimates.

Factory Jobs Expected to Rise This Year

Washington, DC, Jan. 19--A rebounding factory sector should generate about 250,000 jobs in 2004, barely denting the huge losses it has suffered since its peak, the National Association of Manufacturers said late last week in its annual economic forecast.

Armstrong Names New Distributor

Lancaster, PA, Jan. 19--Armstrong World Industries, Inc., announces the appointment of Cast Products of Elkhart, IN, a nationwide distributor of building products and components to the recreational vehicle and manufactured home markets, to distribute its

This Old House Films Segment At Columbia Flooring

Danville, VA, Jan. 19--Master carpenter Norm Abram of the Emmy Award-winning series, This Old House, visited Columbia Flooring’s Danville, VA engineered hardwood flooring plant on November 24 to film a segment that will premiere on PBS.

Consumer Sentiment Highest Since Nov 2000

New York, NY, Jan. 16--U.S. consumer sentiment surged in early January to its highest level since the recession hit three years ago, as job-seekers expressed hopes that stronger economic growth will lead to better hiring in coming months.

Home Depot Raises Its Profit Target

Atlanta, GA, Jan. 16--Home Depot Inc., the world's largest home improvement retailer, on Friday raised its earnings outlook for 2003 but cut its planned store openings for 2004.

Philadelphia Fed Chairman Upbeat About 2004 Econom

Washington, DC, Jan. 16--The year 2004 will be a "good year" for the US economy, with a "gradual" increase in employment and continued recovery from lean years past, Anthony Santomero, chairman of the Federal Reserve Bank of Philadelphia, said.