China May Restrict Retailers
Beijing, China, Dec. 11--China is contemplating new regulations that could restrict the expansion of large foreign retailers such as France's Carrefour SA and the U.S.'s Wal-Mart Stores Inc.
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.
Torlys Builds Presence In Quebec
Mississauga, Ontario, Dec. 11--Torlys has expanded and reorganized its team of flooring consultants in Eastern Canada.
Low Income Mortgage Assistance Act Goes To Preside
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.
Louisiana-Pacific Schedules Downtime At Five Mills
Portland, OR, Dec. 11--Louisiana-Pacific Corp. plans to temporarily reduce operations at five of its North America oriented strandboard mills in order to perform capital projects and maintenance activities.
3M CEO Sees Signs Of Modest U.S. Growth
St. Paul, MN, Dec. 11--3M Co.'s chairman and chief executive said on Wednesday that the maker of Post-It notes, sandpapers and other products is seeing modest signs of an economic pickup.
Dow Global Business Groups Re-aligned
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.
Marble Institute Of America Signs On As Coverings
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.
Home Depot Completes $1 Billion Share Repurchase P
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.
Invista Opens New Control Center In UK Facility
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.
Director Resigns From Lowe's Board
Mooresville, NC, Dec. 9--Lowe's announced today the resignation of Thomas D. O'Malley from its Board of Directors, effective immediately.