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.

Industrial Production Slows

New York, NY, Apr. 16--Industrial production declined in March, led by a sharp slowdown in utilities output.

3M Reports Record Earnings

St. Paul, MN, Apr. 19--3M Co.'s first-quarter net income rose about 44% from a year ago and the company beat its raised quarterly guidance, prompting the company to increase its earnings view for the year.

C&A Floorcoverings Earns Environmental Award

Atlanta, GA, Apr. 15--C&A Floorcoverings, a Dalton, GA based commercial floorcovering manufacturer, was honored with an Environmental Improvement Award during the 26th Anniversary Keep Georgia Beautiful Awards Luncheon.

Recycled Flooring Wins ADEX Design Award

Taunton, MA, Apr. 16--SelecTech Flooring has received the 2003 Gold ADEX Award (Award for Design Excellence) for its new FreeStyle recycled interlocking floor tile.

Housing Market Index Up

Washington, DC, Apr. 15--Builder confidence in the market for new single-family homes rose strongly in early April, according to the National Association of Home Builders' latest Housing Market Index.

Housing Starts Bounce Back

Washington, DC, Apr. 16--Home-building activity rebounded in March, following two straight months of decline, fueled by low interest rates.

Junckers Under New Ownership

Witham, England, Apr. 16--Junckers Industrier A/S, Europe's leading producer of solid hardwood flooring products, has been bought by Axcel, a leading Danish investment company with a capital commitment of 0.5 billion Euros.

U.S. Xpress Enterprises Reports Earnings

Chattanooga, TN, Apr. 15--U.S. Xpress Enterprises, Inc. today reported higher operating revenues and earnings for the first quarter ended March 31.

Fed's Bernanke Expects Inflation to Remain Low

Washington, DC, Apr. 16--A Federal Reserve governor said strong productivity growth and continued slack in the economy should restrain inflation for the next couple of years.

Solutia Gets Bankruptcy Plan Extension

St. Louis, MO, Apr. 16--A federal bankruptcy judge has given chemicals concern Solutia Inc. another three months to detail how it expects to emerge from bankruptcy.