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.
Washington, DC, Dec. 11--Approximately 80,000 low-income families will receive millions in grants over the next two years to help them pay downpayment and closing costs on their first home under legislation backed by the National Association of Realtors.
Portland, OR, Dec. 11--Louisiana-Pacific Corp. plans to temporarily reduce operations at five of its North America oriented strandboard mills in order to perform capital projects and maintenance activities.
St. Paul, MN, Dec. 11--3M Co.'s chairman and chief executive said on Wednesday that the maker of Post-It notes, sandpapers and other products is seeing modest signs of an economic pickup.
Dalton, GA, Dec. 9--The Carpet America Recovery Effort (CARE) received a boost when Congress appropriated a $300,000 grant for the study of carpet as an alternative fuel.
Chattanooga, TN, Dec. 10--The city of Chattanooga is planning to buy the former Dixie Group headquarters in Ridgedale for $315,000.
Mooresville, NC, Dec. 9--Lowe's announced today the resignation of Thomas D. O'Malley from its Board of Directors, effective immediately.
Middlesbrough, UK, Dec. 10--The completion of a £4m investment at a Teesside chemical plant is helping to safeguard the jobs of 350 people according to the Business Daily.
Washington, DC, Dec. 9--Wholesale inventories rose in October by the largest amount in ten months as companies beefed up auto stocks.
Washington, DC, Dec. 9--The Federal Reserve left interest rates at a 45-year low Tuesday and retained its controversial commitment to keep interest rates low for a "considerable period."
Mooresville, NC, Dec. 10--Lowe's announced today the company will expand its operational structure to support its ongoing nationwide growth and ensure continued high customer service levels in its stores.