Today's Flooring News

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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.

Help-Wanted Ad Index Up in January

New York, NY, February 25--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America’s job market – increased three points in January. The Index now stands at 41. It was 38 one year ago.

Terra Blocks Launched as Low Cost Global Option

Toronto, ON, February, 25--First Canadian American Holding Corporation announced that its joint venture partner has developed unique decorative floor tile to enhance its low cost earth construction methods used around the world.

Double-Digit Profit Growth for U.S. Hotels in 2004

Atlanta, February 28--The typical U.S. hotel achieved an estimated 13.3 percent increase in profits in 2004, and is projected to enjoy another 14.1 percent boost to the bottom-line in 2005, according to the 2005 P&L Forecast published by PKF Hospitality R

RD Weis Expands Into Raised Access Flooring

Port Chester, NY, February 25--RD Weis Companies has formed a partnership with Free Axez USA, an alliance that expands RD Weis' problem-solving capabilities for today¹s office and technology environments.

Kronopol Opens Facilities For U.S. Distribution

Toronto, ON, February 25--Kronopol Marketing, the North American division of Kronopol, has opened facilities in Minneapolis and Tampa, Florida for the distribution of its laminate flooring products.

Oregon Family Opens Retail Business

Newport, OR, Februbery 24--After 25 years experience installing flooring for other companies, Dave Weiss, together with his wife, Donna, and eldest son, Dave, decided it was time to put Dave's knowledge of the flooring business to work in a family-own

J.C. Penney Posts 4Q Profit

Plano, TX, February 24--J.C. Penney in the fourth quarter posted earnings that were up 30 percent to $333 million, or $1.17 a share. In the fourth quarter of 2003 the company reported a loss of $1.07 billion, or $3.42 a share.

Labor Department Announces $6M Grant to Eliminate

New Delhi, India, February 24--Deputy Secretary of Labor Steven J. Law Thursday announced a $6 million aid commitment toward a joint project to eliminate hazardous and exploitative child labour in India.

January Durable Orders Off 0.9%

Washington, DC, Orders for durable goods dropped 0.9 percent, according to the Commerce Department. Excluding a 5.3 percent drop in orders for transportation goods, new orders actually increased by 0.8 percent.