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.

DuPont Expects Loss in Fourth Quarter, Cuts Jobs

Wilmington, DE, Dec. 4, 2008--Chemical maker DuPont said on Thursday it expects to post a fourth-quarter loss and will cut 2,500 jobs as a steep drop in construction, car sales and consumer spending hurt its business.

Mortgage Applications Surge as Rates Fall

Mortgage Applications Surge as Rates Fall

Washington, DC, Dec. 3, 2008--Mortgage applications filed last week rose a seasonally adjusted 112.1%, compared with the week before, as borrowers rushed to lock in lower rates.

Shaw, Mohawk Continue To Downsize Operations

Dalton, GA, Dec. 2, 2008--Shaw Industries is closing a carpet fiber facility in Anderson, S.C., next month, while Mohawk Industries will shut down a distribution center in Shannon, Ga. over the next 60 days.