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.
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.
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.
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.
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.
Business Inventories Up in May
Washington, July 15--Businesses increased their stockpiles in May, but the inventory growth failed to keep pace with steadily rising demand.
Women Rug Designers Making a Mark
San Francisco, CA, July 15--An emerging set of female rug designers is creating vivid, painterly prints -- turning what's underfoot into unexpected art galleries, according to the San Francisco Chronicle.
Interceramic Sees Gains in 2nd Quarter
Chihuahua, Mexico, July 15--The second quarter of 2004 saw Interceramic posting significant improvements over second quarter results in 2003, and marking gains over a lackluster first quarter of the year as well.
Lowe's CFO: Plenty of Room to Grow
Boston, MA, July 15-- Because Lowe's Cos. and its largest competitor have just 22% of the home improvement market share, there is plenty of room for the company to grow, Chief Financial Officer Bob Hull said.
CRI Launches International Flooring Science Resou
Dalton, GA, July 15--The Carpet and Rug Institute (CRI) today announced the launch of the International Flooring Science Resource Center. The website will serve as the home for the new peer reviewed publication the International E-Journal of Flooring Scie
Faus Adds Technical Director
Dalton, GA, July 15--Faus Group, Inc. has appointed Stan McMackins the National Technical Director.