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.

Prospective Pillowtex Buyer A Mystery

Kannapolis, NC, July 8--The story sounds straightforward enough: Broome & Wellington, a British textile firm, seeks to buy beleaguered Pillowtex Corp. for more than $350 million to expand its U.S. operations, as reported in the Charlotte Observer.

Argentine Tile Maker May Open Plant In Florida

Yulee, FL, July 8--An Argentine company that makes ceramic and porcelain tiles may be bringing 170 jobs to Yulee when it begins manufacturing services there, according to the Florida Times-Union, Jacksonville.

QEP Doing Well

Boca Raton, FL, July 8--Shares in QEP, the Boca Raton flooring tools maker, have more than doubled since they traded at $5.11 on March 17--closing Monday at $10.55, up 11 cents a share, according to the Palm Beach Post.