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.
Midland, MI, Dec. 11--Andrew N. Liveris, President and Chief Operating Officer, The Dow Chemical Company, announced today a new organization with three global business portfolios and the appointment of the senior vice presidents who will lead them.
Alexandria, VA, Dec. 11--Coverings, the preeminent showcase for ceramic tile and natural stone floorcoverings, announced today that the Marble Institute of America (MIA) will serve as a co-sponsor of Coverings 2004.
Atlanta, DC, Dec. 11--The Home Depot, the world's largest home improvement retailer, today announced it has completed its $1 billion share repurchase program announced earlier this year.
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.
Mooresville, NC, Dec. 9--Lowe's announced today the resignation of Thomas D. O'Malley from its Board of Directors, effective immediately.
Washington, DC, Dec. 9--Wholesale inventories rose in October by the largest amount in ten months as companies beefed up auto stocks.
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.
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."