Today's Flooring News

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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.

Lowe's Confident of 2006 Outlook

Charlotte, NC, May 25, 2006--Today at its annual meeting of shareholders, Lowe's Chairman, president and CEO Robert A. Niblock said the company remains confident in its outlook for 2006.

Existing-Home Sales Slip in April

Washington, DC, May 25, 2006--Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors.

Aquafil USA Moves to New Facility

Cartersville, GA, May 25, 2006--Aquafil USA Inc., is moving into its new 140,000 square foot building in Cartersville, Georgia. The facility, will house, a new fiber extrusion plant and an improved twisting, heatsetting and air entanglement operation.

Domotex Middle East Feeds Construction Boom

Dubai, United Arab Emirates, May 25, 2006--The Gulf's booming construction industry is paying rich dividends for international and domestic carpet and floor covering manufacturers.

Solutia to Sell Pharmaceutical Services

St. Louis, MO, May 24, 2006--Solutia Inc., today announced that its subsidiary, Solutia Europe SA/NV, has reached a definitive agreement to sell its Pharmaceutical Services business.

Mortgage Application Volume Declines

Washington, DC, May 24, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 19, and it shows a 6 percent decline.

ASID Announces New Trustees

Washington, DC, May 24, 2006--The ASID Foundation, Inc., announced new members of its board of trustees for fiscal 2007.