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.
Charlotte, NC, Sept. 24--Lowe's Companies, Inc. will tell analysts and investors today in Charlotte at its annual conference that third quarter sales trends remain strong and the company remains optimistic about its current and future prospects.
Lancaster, PA, Sept. 24--Armstrong announced today that it will initiate a three to five percent price increase on selected residential vinyl sheet flooring products effective with shipments on December 1.
Atlanta, GA, Sept. 24--The Home Depot, the world's largest home improvement retailer, today announced plans to open a new store at 59th Street and Third Avenue in Midtown Manhattan next summer.
Georgia-Pacific said it is considering a sale of its $3.8 billion building products distribution division, according to the Atlanta Journal-Constitution.
Goleta, CA, Sept. 22—A California company has developed and patented a line of ceramic tiles which look pretty -- and can withstand a hail of AK-47 bullets, according to Santa Barbara News-Press.
Lancaster, PA, Sept. 22--Armstrong World Industries Inc. said Wednesday it would stop making residential stenciled flooring at its Lancaster plant, triggering another round of layoffs there, according to the Lancaster New Era.
Pueblo CO, Sep. 20--The rising cost of lumber is starting to squeeze profits for area home builders but they aren't ready to raise prices to home buyers yet, according to the Pueblo Chieftain.
Tehran, Sept. 22-- Export of carpets and handicrafts in the first five months of the year was 55 percent ahead of the target set in the Third Five-Year Economic Development Plan.
Atlanta, GA, Sept. 18--Home Depot said it expects former New York Stock Exchange chairman and chief executive Dick Grasso to serve out his term on the company's board until it expires next May.
Alexandria, VA, Sept. 19--The five sponsoring organizations of Coverings, together with the event's new show management team, have announced a 26% reduction in cost for material handling for exhibitors.