3M Earnings Up 25% in 2Q
St. Paul, MN, July 19---3M today announced its second quarter 2004 sales and earnings results.
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.
Torlys Launches Floating Laminate With Multiple De
Mississauga, Ontario, July 16—Toryls is introducing the versatile new STEPS™ Elite laminate herringbone pattern that can be used to create floors with six different looks.
Consumer Prices Rise 0.3%
Washington, July 16--Consumer-price inflation moderated in June, supporting the Federal Reserve's assessment that the surge in prices recorded earlier this year probably was the result of temporary forces.
Mannington Wood Eyeing Expansion
Livingston, AL, July 16—The Sumter County Record Journal has reported that Mannington Wood Flooring in nearby Epes could expand and add 115 new jobs.
Bayer to Spin Off Lanxess
Frankfurt, Germany, July 16--Bayer AG will spin off its Lanxess chemicals and polymers unit to shareholders and list it separately on the stock exchange at the beginning of next year, the German chemicals and drugs group said on Friday.
Shaw Intros Casual Dining Rug Collection
Dalton, GA, July 16--Shaw is addressing the need for a definitive collection of rugs that offers special sizes for kitchens, breakfast nooks, and dining rooms with its introduction of the Casual Dining Collection.
Senate's Frist Wants $140B Asbestos Fund
Washington, July 16--Senate Majority Leader Bill Frist proposes to resolve legal claims over asbestos exposure with a $140 billion industry-financed fund to pay victims, aides close to lawmakers' talks said on Thursday.
Mohawk Cleaning Products Build Repeat Business
Dalton, GA, July 16--Instead of a customer visiting your store every five to seven years to shop for new flooring, what if you could have her come in every five to seven weeks?
Founders of UK’s Floors 2 Go Cash In
Birmingham, England, July 16—After the initial public offering of Floors 2 Go earlier this year the founding family has cashed in the last of their shares, according to icbirmingham.com.
Martha Gets 5 Months
New York, July 16--Martha Stewart was sentenced today to five months in prison and five months of home confinement, closing another chapter in the legal battle against the domestic doyenne that has its roots in a stock trade made two and a half years ago.