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.

Business Inventories Up

Washington, DC, Apr. 13--Inventories at U.S. businesses posted their largest gain in more than three years in February.

Lowe's to Open New Regional Office

Mooresville, NC, Apr. 13--Lowe's Companies, Inc. plans to open a new regional office in Pensacola, FL.

Invista to Sell High-Yield Bonds

London, UK, Apr. 13--U.S. fiber manufacturer Invista will sell high-yield bonds worth $575 million next week to fund its acquisition by Koch Industries Inc.

Foamex Sets Annual Meeting Date & Location

Linwood, PA, Apr. 12--Foamex International Inc. announced that it will hold its Annual Meeting of stockholders on Tuesday, May 25, 2004.

Retail Sales Log Unexpectedly Big Rise

Washington, DC, Apr. 13--U.S. shoppers turned out in force in March, a Commerce Department report on Tuesday showed, pushing retail sales to their strongest gain in a year.

DuPont to Cut Workforce

Wilmington, DE, Apr. 12--DuPont today announced that it will reduce its global employee workforce, excluding Invista, by 6%, or 3,500 positions.

Lowe's to Open Three Flatbead Distribution Cen

Mooresville, NC, Apr. 10--Lowe’s said Thursday it expects to open three flatbed distribution centers in the year ending Jan. 28, 2005.

Lumber Prices Ramp Up

Chicago, IL, Apr. 9--The recent spike in lumber prices is part of a broader pattern of increases for a building material essential to residential construction.

Fabrica Co-Founder Picked by Bush

Crawford, TX, Apr. 9--On Thursday, President Bush picked Fabrica International co-founder Albert Frink to head up efforts to reverse the trend of heavy manufacturing job losses, months after the adminisration announced the initiative.

Armstrong to Increase Prices on Some Hardwood Prod

Lancaster, PA, Apr. 8--Armstrong announced today that it will initiate an average seven to eight percent price increase on selected solid hardwood products.