DuPont CEO Stepping Down
Wilmington, DE, Sept 23, 2008--DuPont's CEO Charles Holliday Jr., announced Tuesday that he is stepping down after 10 years in which he changed the company into a science-based products and services company.
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.
Texas Commercial Flooring Company Expanding
Austin, TX, Sept. 23, 2008--One of the region’s largest commercial flooring companies is about to get bigger, according to a story in the Austin Business Journal.
Few Surprises in Harvard Study on Building Cycles
Cambridge, MA, Sept. 22, 2008--The Harvard Joint Center for Housing Studies recently released a report on residential building cycles and the correlation between home construction and remodeling.
Lowe's Expected To Announce Expansion Cutbacks
Mooresville, NC, Sept. 22, 2008--Lowe's is expected to announce this week that it is curbing its ambitious expansion plans, according to the Wall Street Journal..
Mannington Looking at Alternative Electricity
Salem, NJ, Sept. 22, 2008--Mannington Mills and Alliance Recovery Corporation want to locate a technologically advanced alternative energy electrical generation facility on Mannington’s property in New Jersey.
Oil Prices Rise on Potential Financial Bailout
New York, NY, Sept. 22, 2008--Oil prices rose Monday as investors considered the possible impact on oil demand of a $700 billion U.S. proposal to buy bad mortgage debt.
British Real Estate Prices Continue To Fall
London, England, Sept. 22, 2008--The U.S. isn't the only country with a housing downturn.
Home Sales Surge in California on Low Prices
Los Angeles, CA, Sept. 19, 2008--Home sales surged 13.6 percent in California in August as a flood of foreclosures drove down prices.
Beaulieu Offers New Sales Incentive for Bliss
Dalton, GA, September 19, 2008 — Beaulieu of America announced a new retail incentive program for Bliss.
U.S. Intervention Could Help Housing Market
Washington, DC, Sept. 19, 2008--Global stock markets soared Friday as news of a possible U.S. government plan to rescue banks from toxic mortgage debt brought hope of a letup in the world's worst financial crisis in decades.