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.

3M’s 3Q Earnings Up 17%, Miss Estimates

St. Paul, MN, October 18--3M Co. reported profits in the third quarter that were up nearly 17 percent despite increasing raw material price pressure, but fell short of Wall Street earnings and sales expectations.

Trade Deficit Climbs in August

Washington, October 15-- The trade deficit, propelled by a steep foreign oil bill, surged in August to the second highest mark in history.

Rug Company Helps Forming Economies

Philadelphia, PA, October 14--Craftsmen have been weaving carpets in Nepal for thousands of years. Humanitarian Stephanie Odegard is harnessing this traditional art with the aim of reforming the third world, according to the Daily Pennsylvanian.

Coverings 2005 On Pace for Sell-Out

Alexandria, Virginia – October 5 – Nearly eight months before the show, space reservations and sales for Coverings 2005 are on pace for a sold out show in Orlando next May.

Industry Delegation Heads To Beijing Exhibition

Eureka, California, September 30--A flooring industry delegation representing a dozen firms from the U.s.and Canada is headed to the fifth China International Floor Coverings & Carpet Fair in Beijing.

Wellman to Hike Polyester Staple Fiber Prices

Charlotte, NC, September 28--Wellman, Inc has announced, that effective with October 25, 2004 shipments, it will increase the price of all polyester staple fiber products for the apparel, home furnishings, nonwovens, industrial, and fiberfill markets by 3

Group Buys Massachusetts Retailer, Plans Expansion

Pittsfield, MA, September, 27--Former City Councilor Gary S. Grunin and his wife, Jean, have sold their two businesses to a family corporation involving Interprint CEO William Hines Sr., head of the "Jobs for Pittsfield" initiative.