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.

Columbia Flooring Names Marketing Manager

Danville, VA, Jun. 15--Columbia Flooring today announced the appointment of Patrick Warren as marketing manager, according to Columbia President David Wootton.

James Gamblin Retires From Dow Chemical

Midland, MI, Jun. 14--James Gamblin, North American Latex Account Executive for the Dow Emulsion Polymers carpet business, retired from The Dow Chemical Company on May 31, 2004.

Morgan Keegan Reiterates Outperform Rating on Moha

New York, NY, Jun. 14--Analysts at Morgan Keegan reiterate their "outperform" rating on Mohawk Industries Inc.

Home Depot Balances Two Markets

Atlanta, GA, Jun. 15--Walk into a Home Depot and you're likely to see a couple of do-it-yourselfers perusing Berber rug samples and claw-footed bathtubs.

Doughty Hanson Buys Balta

London, England, Jun. 15--Doughty Hanson & Co., a London-based buyout firm, agreed to buy Balta Industries NV, a family-owned Belgian maker of rugs and carpets, for 600 million euros ($723 million).

Consumer Prices Up in May

Washington, DC, Jun. 15--Consumer prices rose at their fastest clip in more than three years in May amid a surge in gasoline prices, all but ensuring that the Federal Reserve will raise interest rates at the end of this month.

Consumer Sentiment Jumps

Ann Arbor, MI, Jun. 15--Consumer sentiment jumped in early June, as Americans grew increasingly optimistic about their current and future prospects, according to figures released Tuesday.

Tandus Unveils Recycled Content Backing

Chicago, IL, Jun. 14--Today at NeoCon in Chicago, Tandus, unveiled ethos, a high recycled content, cushion backing for six-foot broadloom carpet.

More Employers Expect to Add to Workforce

New York, NY, Jun. 15--About 30% of U.S. employers expect to add workers to their payrolls in the third quarter, according to the latest Manpower Employment Outlook Survey.

Business Inventories Up in April

Washington, DC, Jun. 15--Business inventories posted a stronger-than-expected increase during April, while sales fell slightly.