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.
St. Louis, MO, Jan. 9--Solutia expects fourth quarter earnings to be down approximately $.20 per share, including a net charge of approximately $.04 per share related to Solutia's interest in the Flexsys rubber chemicals joint venture.
Washington, DC, Jan. 10--Employee confidence declined in December to 66 as employees expressed decreasing confidence in the U.S. job market.
Anaheim, CA, Jan. 8—The late Shirley J. Lorberbaum has been voted into the World Floor Covering Association Industry Hall of Fame. The induction ceremony will be held on January 30 at Surfaces in Las Vegas.
Aachen, Germany, Jan. 7--The board and shareholders Of Carpet Recycling Europe have decided to close the company and cease operations.
Manchester, NH , Jan. 3--Following a unanimous decision endorsed by members of CarpetMax Canada, the floorcovering association has officially changed its name to Flooring Canada.
New York, Jan. 6-- J.C. Penney expects to meet its January sales goals at stores open a least a year. The firm had expected flat to slightly increased sales.
Portland, OR, Dec. 30--Columbia Forest Products plans to purchase the Nipigon Multiply hardwood plywood underlayment operation in Ontario, Canada from Weyerhaeuser Company Limited.
New York, NY, Dec. 31--Consumer confidence declined in December, largely because of the discouraging employment outlook, according to the Consumer Confidence Board.
New York, NY, Jan. 2--Manufacturing activity expanded strongly in December, the first growth in four months, but it is unclear if that momentum can be sustained, according to the Institiute for Supply Management.
Kennesaw, GA, Dec. 27--CarpetsPlus plans to expand its recently acquired Color Tile brand to 450 stores by the end of 2003.