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.

Personal Income & Spending Up September

Washington, DC, November 1--Personal income rose 0.2% after rising a revised 0.3% in August, the Commerce Department said Monday. August personal income was earlier reported as having risen 0.4%.

Weyerhaeuser Buys into Brazilian JV

Federal Way, WA, October 29--Weyerhaeuser said it has acquired a two-thirds ownership in Aracruz Produtos de Madeira S.A., a subsidiary of Aracruz Cellulose S.A. Terms were not disclosed.

Pulte Warns on Q3 Earnings

Bloomfield Hills, MI, October 5--Pulte Homes Inc. on Monday warned third-quarter earnings from continuing operations would fall short of its earlier forecast.

Lowe's 3Q Earnings Up 15.5%

Mooresville, NC, November 15--Lowe's today reported net earnings of $522 million for the quarter ended October 29, 2004, a 15.5 percent increase over the same period a year ago.

Asbestos Bill May Get New Push

New York, NY, November 8--Business lobbyists are confident they will now be able to win congressional approval for legislation to end asbestos litigation, according to a published report.

Pace of Factory Growth Slows in Oct

Tempe, AZ, November 1-- The pace of growth at U.S. factories slowed in October. The Institute for Supply Management said its index of national manufacturing activity fell to 56.8 in October from 58.50 in September.

Foamex Names Lieberman to its Board

Linwood, PA, October 29-- Foamex has named David A. Lieberman to the company's board of directors. Lieberman will also serve on the board's audit committee.