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.
New Orleans, LA, July 11--Demand for cotton-based carpeting and rugs, a $10 billion market dominated by synthetic fibers such as nylon, polypropylene and polyester, could improve because of a new flame-retarding treatment...
Washington, DC, July 10--Eleven companies that are negotiating some of the largest potential asbestos-exposure payouts to victims, would pay $15 billion less under an alternative plan in Congress to create a trust fund, according to a study by some victim
Danville, VA, July 10--Columbia Flooring announced the company would not be attending Surfaces 2004 in January.
Marietta, GA, July 10--FloorExpo has announced the formation of Multi-Family Solutions, a brand which will be utilized under the FloorExpo umbrella to specifically target the multi family flooring market through a new division.
Manchester, NH, July 10--Vinnie Virga has joined Flooring America as its Senior Vice President, a newly created position.
Boston, MA, July 10--Looking to dominate the installed sales market, Lowe’s is rolling out a completely new strategy.
Charlotte, NC, July 8--Lehman Brothers Inc. said Lowe's Cos.' same-store sales have accelerated over the past several weeks, prompting the firm to boost its earnings forecasts for the second quarter, 2003 and 2004.
New York, NY, July 9--How much would you pay to slurp Coca-Cola with Warren Buffett (News), the world's second-richest man and arguably its most famous investor?
Washington, DC, July 8--Consumers increased their debt balances in May, charging more to credit cards and automobile loans, the Federal Reserve said.
Kannapolis, NC, July 8--The story sounds straightforward enough: Broome & Wellington, a British textile firm, seeks to buy beleaguered Pillowtex Corp. for more than $350 million to expand its U.S. operations, as reported in the Charlotte Observer.