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.

Shaw to Close Wool Plant

Dalton, GA, December 23--Shaw Industries is closing its wool carpet plant in Dallas, Georgia, eliminating 122 jobs, according to the Atlanta Journal-Constitution.

November Durable Goods Orders Up 1.5%

Washington, DC, December 23--New orders for durable goods rose a sharper than expected 1.6 percent in November, according to a Commerce Department released on Thursday.

Consumer Sentiment Up in December

Ann Arbor, MI, December 23--Consumer sentiment according to the University of Michigan improved in late December. The university’s consumer sentiment index improved to 97.1 in late December from 95.7 earlier in the month.

Home Depot Realigns Divisions

Atlanta, GA, December 23-- The Atlanta Journal-Constitution has reported that Home Depot is reorganizing its store divisions, following similar moves last year.

Monsanto to Set Aside $285M for Solutia

St. Louis, MO, December 22--Monsanto Co. said it would set aside $285 million to cover liabilities tied to its former affiliate Solutia Inc. in an initial move to define the cost of a tangle of legal problems stemming from the bankrupt chemical company.

EQT Acquires Munksjo

Stockholm, Sweden, December 23--The EQT III fund ("EQT") signed an agreement with Jefferson Smurfit Group to acquire Munksjo AB.