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.
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.
Congress To Fund Study Of Carpet As Alternative Fu
Dalton, GA, Dec. 9--The Carpet America Recovery Effort (CARE) received a boost when Congress appropriated a $300,000 grant for the study of carpet as an alternative fuel.
Dixie Group To Sell Former Headquarters
Chattanooga, TN, Dec. 10--The city of Chattanooga is planning to buy the former Dixie Group headquarters in Ridgedale for $315,000.
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.
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.
Wholesale Inventories Rise
Washington, DC, Dec. 9--Wholesale inventories rose in October by the largest amount in ten months as companies beefed up auto stocks.
Fed Not In Hurry To Raise Interest Rates
Washington, DC, Dec. 9--The Federal Reserve left interest rates at a 45-year low Tuesday and retained its controversial commitment to keep interest rates low for a "considerable period."
Lowe's Expands Operational Divisions
Mooresville, NC, Dec. 10--Lowe's announced today the company will expand its operational structure to support its ongoing nationwide growth and ensure continued high customer service levels in its stores.
Mosaic Tile Design Enjoying A Renaissance
Ramona, CA, Dec. 9--Until recently, making mosaics required quite a bit of both time and patience, but recent innovations have changed all that for anyone with the most basic of computer experience.
Stewart To Be Cross-Examined
New York, NY, Dec. 9--A federal judge rejected Martha Stewart's request to disqualify a prosecutor from cross-examining the lifestyle entrepreneur at her January obstruction-of-justice and securities-fraud trial.