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.

DuPont: Invista Sale Likely In '04. Price Lowe

Wilmington, DL, Nov. 13--The DuPont Co. on Wednesday told regulators it expects to close a sale of Invista for about $4 billion during the first half of next year, one-third less than some analysts originally had predicted.

Milestone Merchant Partners Acquires Florida Tile

Washington, DC, Nov. 11--Milestone Merchant Partners, LLC, the Washington, DC-based merchant bank, announced the purchase of Florida Tile Industries, Inc. from Illinois Tool Works Inc.'s subsidiary, Premark International, Inc.

Berkshire’s Earnings Up

Omaha, NE, Nov. 7--Berkshire Hathaway's third-quarter earnings rose 58% including investment gains, and climbed 38% without the gains.

Retailers Report Modest Sales Gains

New York, NY, Nov. 6--Consumers took a break from spending in October, giving retailers only modest sales gains after three months of robust increases.

Hope For Job Market

Washington, DC, Nov. 6--The number of U.S. workers filing first-time applications for unemployment benefits plummeted to a 34-month low last week.

Icoworks Buys Janus Flooring Assets For Auction

Toronto, Canada, Nov. 5--Icoworks Inc., a wholly owned subsidiary of Icoworks Eastern Limited, is pleased to announce that it has acquired the hardwood flooring inventories of Janus Flooring Corporation.

Manufacturing Picks Up

Washington, DC, Nov. 3--Manufacturing activity picked up in October, expanding for the fourth consecutive month and adding steam to a recent run of encouraging readings on the health of the U.S. economy.