Wholesale Prices Fall
Washington, DC, Dec. 12--Wholesale prices retreated by 0.3% in November, pulled down by falling costs for gasoline, beef and cars, suggesting that the economy's resurgence isn't fanning inflation.
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.
Trade Practices Hurt Companies
Columbus, OH, Dec. 12--Manufacturing could cease to exist unless trade practices and rising energy and health care costs are addressed, according to participants in yesterday's Ohio Manufacturing Summit, as reported by the Columbus Dispatch.
Residential Remodeling Still Strong
Washington, DC, Dec. 12--Professional remodelers continued to enjoy strong demand for their services in this year’s third quarter, and most expect healthy business activity throughout the next several months.
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.
Torlys Builds Presence In Quebec
Mississauga, Ontario, Dec. 11--Torlys has expanded and reorganized its team of flooring consultants in Eastern Canada.
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.
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.
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.