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.

Solutia's 2003 Net Sales Rise

St. Louis, MO, Mar. 17--Bankrupt chemical maker Solutia Inc. says it increased net sales last year by six percent, to $2.43 billion.

Housing Starts Off

Washington, DC, Mar. 17--Home building in the U.S. slowed in February for a second month in a row but remained at strong levels.

China to End Foreign Retail Curbs by December

Shanghai, China, Mar. 17--China will stick by pledges to open a booming retail sector to foreign players such as Wal-Mart and Carrefour, abolishing joint-venture requirements before December 11, state media said Wednesday.

Consumer Prices Rise

Washington, DC, Mar. 17--Consumer prices rose by a modest 0.3 percent in February as high energy costs continued to hit the pocketbooks of drivers filling up at the pump and people heating their homes.

Builders Expect New Home Market to Remain Steady

Washington, DC, Mar. 15--Demand for newly built single-family homes is holding steady at a healthy level in March, according to builders surveyed for the National Association of Home Builders’ latest Housing Market Index.

Unilin Plant Site to be Announced Today

Thomasville, NC, Mar. 16--A multimillion dollar economic incentives package was successful in wooing a Belgian flooring manufacturer to expand in Davidson County--bringing with it 330 new jobs, according to the News-Record.

Hiring Plans Increase, Survey Says

Milwaukee, WI, Mar. 16--In the highest showing in three years, 28% of U.S. employers plan to add workers in the second quarter, according to a closely followed employment survey.

Martha Stewart Resigns as Director, Officer

New York, NY, Mar. 16--Martha Stewart resigned effective immediately from the posts of director and chief creative officer at the company she founded, Martha Stewart Living Omnimedia Inc.