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.

Senators Asked to Prepare for Asbestos Vote

Washington, DC, October 4, 2005 -- Leaders of the Senate Judiciary Committee have asked senators to prepare amendments in case legislation to create a $140 billion asbestos compensation fund is brought up for a vote this month.

Tricycle's Sustainable Samples Kept 50,000+ lb

Chattanooga, TN, October 4, 2005 -- Sustainable design company Tricycle has published its first annual Environmental Report Card, on the heels of a Green Apple Award for international environmental best practice.

Lowe's Prices $1B Notes Offering

Charlotte, NC, October 4, 2005 -- Lowe's said it had agreed to sell $500 million of 5.0% notes due 2015 and $500 million of 5.5% notes due 2035.

Keith Campbell to Speak at Benefit

Pound Ridge, NY, Oct. 4, 2005--Mannington Mills chairman Keith Campbell will be the guest speaker at an October 26 fund raiser for the Floor Covering Industry Foundation.

Forbo Opts Out of Surfaces 2006

Hazleton, PA, October 3, 2005--Forbo Flooring, after many years as a steady exhibitor at Surfaces, has decided not to exhibit in 2006.

Reinhart Resigns as Dow CFO

Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.

Wal-Mart Rotates International and U.S. Execs

Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.

Home Depot Closer to Opening in China

Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.

Construction Spending Up in August

Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.