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.
Asbestos Bill Backers Set News Conference Washington, DC, February 2, 2006The co-sponsors of legislation to create a $140 billion asbestos injury fund are due to hold a news conference on Thursday as they seek to rally support ahead of a possible U.S. Se
Mooresville, NC, February 2, 2006--Home improvement retailer Lowe's Cos. said Wednesday its board has approved an increase in its current share repurchase program of up to $1 billion.
Bloomfield Hills, MI, February 2, 2006--Pulte Homes reported fourth-quarter profit rose from the year-ago period driven by strong home deliveries and average selling prices.
Atlanta, GA, February 2, 2006--As interest in floor heating continues to warm up in the U.S., progressive flooring retailers are exploring new ways to profitably offer “add on” heating products for
Stanleytown, VA, February 1, 2006--Stanley Furniture Co., said Monday that its fourth-quarter profit increased 3 percent, beating its own forecast, though sales declined.
Clifton, NJ, February 1, 2006--Linens 'n Things Inc. shareholders voted on Monday to approve the acquisition of the retailer by Apollo Management, L.P.
Austell, GA, February 1, 2006--Propex Fabrics Inc. announced the completion of its acquisition of SI Concrete Systems Corporation and SI Geosolutions Corporation.
Houston, TX, February 1, 2006--Researched by Industrialinfo.com. Mohawk Industries Incorporated has opened a new $70 million yarn spinning plant.
Washington, DC, February 1, 2006—The Federal Reserve raised interest rates a 14th straight time, suggesting a 19-month campaign was near an end while saying higher borrowing costs may yet be needed.
New York, NY, February 1, 2006--Chain store sales fell last week, posting their second pronounced weekly decline in a month, according to a report on Tuesday.