3M's Q1 Earnings Up 12%
St. Paul, MN, April 18--3M Co.'s first-quarter earnings rose 12 percent from a year ago due to sales growth, pricing and improved operational efficiencies.
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.
New Jersey Retailer Rolls Out Red Carpet
Flemington, NJ, April 18--Joel Resnick admits the typical customer at his family's business, the Flemington Department Store, is not Robert De Niro or Dame Judi Dench.
Step Carpet Rolls Out Karim Rashid Line
Miano, Italy, April 18--Prominent rug designer Karim Rashid has presented his collection developed for Step Carpet to the world market in Milano.
Investigators Expose U.S. Link to Billion Dollar W
Washington, DC, April 18--Environmentalists claim that hardwood flooring sold across the U.S. is linked to the world's largest illegal timber smuggling operation.
Pergo Names Board Members at Annual Meeting
Trelleborg, Sweden, April 18--The annual General Meeting at Pergo, held April 18, named seven board members.
Godfrey Named Invista Interiors Residential Mktg D
Atlanta, GA, April 15—-Invista Interiors Business announced today that Tony Godfrey has been appointed to national marketing director, Residential Flooring.
Consumer Sentiment Falls
Ann Arbor, MI, April 15--The University of Michigan's consumer sentiment index fell to 87.7 in mid-April from 92.6 in March, according to media reports on the proprietary research.
Bankruptcy Reform Bill Passes
Washington, DC, April 15--The most sweeping rewrite of U.S. bankruptcy laws in a quarter century will take effect six months after President Bush signs a bill that Congress sent to him Thursday.
Sherwin-Williams Raises 1Q Guidance
Cleveland, OH, April 15--Sherwin-Williams said its first-quarter net income will surpass earlier forecasts because of higher-than-expected sales.
Industrial Production Up 0.3%
Washington, DC, April 15--Industrial production rose 0.3 percent in March, reflecting increased mining and utility output.