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.

RD Weis Buys Invironmentalists' NYC and Boston

Port Chester, NY, June 30--The Invironmentalists and RD Weis Companies are pleased to announce RD Weis Companies' intention to acquire certain assets in The Invironmentalists' New York, NY and Canton, MA locations.

EPA Close to Taking Action Against DuPont Over PFO

Washington, June 30--The EPA is close to deciding whether DuPont kept back health information from the government about perfluorooctanoic acid (PFOA), which is used to make fluoropolymers, according to Asia Intelligence Wire.

Fed Ups Funds Rate to 1.25%

Washington, DC, June 30--The Federal Reserve raised its key short-term interest rate for the first time in four years today, kicking off what it said is likely to be a "measured" campaign to return the rate to a level appropriate for a healthy economy.

Saudi Group to Invest in Carpet Backing Facility i

Jeddah, Saudi Arabia, June 30—The Mattex International Group, which is based in Jeddah, has announced a lease agreement with Dubai Techno Park for the occupation of 1,000,000 sq ft of land with a total investment of Dh4 00 million.

Invista to Headquarter Two Units in Delaware

Wilmington, DL, June 30--Invista, the former DuPont Co. textiles and interiors business, said Tuesday night it will keep the headquarters for some of its operations in Delaware, saving 350 jobs, according to the News Journal.

Kinder, Gentler Big-Box Stores Open in Suburbia

Gurnee, IL, June 29--A shopper-friendly crop of big-box stores is sprouting up in U.S. suburbs, featuring wider aisles and colorful signs, in contrast to the "stack-'em-high, sell-'em-cheap" model perfected by Wal-Mart.

Florida Retailer Plans Two New Stores

Pompano Beach Fl, June 29--One of the state's oldest and largest family owned furniture, floor covering retailers has Sarasota and Port Charlotte in its sights, according to the Sarasota Herald-Tribune.