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.

Lightning Strikes Godfrey Hirst Plant

Geelong, Australia, December 13—Lightning has been blamed for a fire which forced the evacuation of 30 staff at Godfrey Hirst carpet factory on Friday night, according to the Geelong Advertiser.

Consumer Sentiment Up to 95.7 in November

Ann Arbor, MI, December 10-- The University of Michigan's preliminary sentiment index rose to 95.7 from 92.8 in November. Economists were expecting the index to rise to 93.5.

S&P Ups Lowe's Ratings

New York, NY, December 10--Standard & Poor's Ratings Services today raised its long-term ratings on Lowe's Cos. Inc. (LOW) to 'A+' from 'A'. The outlook is stable. The 'A-1' short-term ratings on the company were affirmed.

Sumitomo Enters PVC Recycling Business

Tokyo, Japan, December 10--Sumitomo Corporation has announced its entry into the recycling business with the allocation of new shares to a third-party from Refineverse Inc., a polyvinyl chloride interior waste material recycling venture business.

Producer Prices Rise 0.5% in November

Washington, DC, December 10—The producer price index rose 0.5 percent in November, after a 1.7% increase the October, according to a Labor Department report.

Shaw Unit Completes Final Run of PVC

Dalton, GA, December 9--Shaw Industries Inc. ran its last production of Polyvinyl Chloride (PVC) carpet backing on December 8. The PVC production line will be replaced with new tile manufacturing equipment designed to increase capacity while decreasing en

Jordan Kane Receives Award of Merit

New York, NY, December 13--New York Construction News has presented Jordan Kane with the Award of Merit for their participation in the Hudson Valley Transportation Project.