Louisiana-Pacific Names New CEO
Nashville, TN, August 18--Louisiana-Pacific Corp. named executive vice president Richard W. Frost the lumber company's next chief executive, company officials announced.
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.
CPI Off 0.1% in July
Washington, August 17--Consumer prices fell in July as gasoline prices posted their biggest decline in eight months and food prices fell.
Kmart Posts 2Q Profit
Troy, MI, August 16--Kmart Holding reported a profit in its second quarter with earnings of $155 million, or $1.54 per share, compared with a loss of $5 million, or $0.06 per share, a year ago.
3M Executive VP Chuck Reich to Retire
St Paul, MN, August 12-- Chuck Reich will retire from his role as executive vice president of 3M Co.'s health-care business.
Wal-Mart’s 2Q Earnings Up 8.5%
Bentonville, AR, August 12--Wal-Mart Stores second quarter net earnings were up 8.5% it $2.65 billion, or 62 cents a share, compared with $2.44 billion, or 52 cents a share, a year earlier.
Mohawk Leases New Jersey Warehouse
Calhoun, GA, August 11—Mohawk has struck a deal to lease a 617,000 square foot distribution building in Teterboro, N.J., about 15 miles from Manhattan.
New Dealer Incentives from Shaw
Dalton, August 9 --Shaw’s Hard Surfaces division has kicked off three promotions for end-of-summer and early fall selling.
NAR Upgrades Housing Forecast
Washington, August 9--The exceptionally strong performance of home sales this year, combined with a favorable economy and affordability conditions, means the record expected for housing this year will be larger than earlier projected, according to the Na
OSB Prices On The Rebound
Fort St. John, AK, August 3--When Slocan-LP OSB Corp. announced in January that it was building the long anticipated OSB plant in Fort St. John, prices were at $360 US per thousand square feet.
ROY Awards Announced at Atlanta Rug Market
Atlanta, GA, July 14--The July 2004 The Atlanta International Area Rug Market today announced the winners of the summer market’s 11th annual Retailer of the Year (ROY) Awards.