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.

House R&D Funds Vote Cheers Manufacturers

Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl

Thomas Industries Sees Management Changes

Dalton, GA, May 25, 2006--Thomas Industries, LLC, a manufacturer of broadloom carpet for the hospitality industry, residential home centers, and other specialty markets, announced today several important management changes.

1Q GDP Revised Up to 5.3%

Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.

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.

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.

ASID Announces New Trustees

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

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.