Plywood Costs Double
Atlanta, GA, Oct. 8--An extremely rainy spring in the South has left plywood in short supply and has driven costs through the roof.
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.
Growth In Home Sales Expected Next Year
Washington, DC, Oct. 7--Even with an expected acceleration in economic growth, inflation should remain low. That will maintain a low level of mortgage interest rates and keep housing near historic highs in 2004.
Martha's Ex-Broker Wants Separate Trial
New York, NY, Oct. 8--A former Merrill Lynch & Co. broker indicted along with homemaking icon Martha Stewart on obstruction charges has requested a separate trial from his high-profile co-defendant.
Lowe's Eyes Europe
Wilkesboro, NC, Oct. 8--Lowe's executives are in Europe this week, meeting with retailers including Kingfisher, a British chain Home Depot is interested in acquiring.
Popular Program For Manufacturers May Get Reprieve
New York, NY, Oct. 8--Capitalizing on the political heat over job losses and erosion in their sector, smaller manufacturers are expected to win a reprieve for a federally supported program.
Design Key For Florida Flooring Store Owner
Port Charlotte, FL, Oct. 7--Marjorie Benson has an eye for design. "I can look at a blueprint and see what it's going to look like," said the owner of Friendly Floors.
Housing Trends Aid Building Product Firms
New York, NY, Oct. 6--Strong sales in the housing market and stepped-up consumer spending should translate into solid third-quarter results for suppliers of building products.
Martha Asks Judge To Dismiss Charges
New York, NY, Oct. 6--Homemaking entrepreneur Martha Stewart has asked a federal judge to dismiss the obstruction and securities-fraud charges against her.
Flooring America Now Open In All 50 States
Wilmington, DE, Oct. 7--Flooring America celebrated its expansion into all 50 states on Saturday, October 4th, with the grand opening of Bob Wagner’s Flooring America in Wilmington, Delaware.
Atlanta Builder Reports Home Orders Up
Atlanta, GA, Oct. 6--Beazer Homes USA, Inc. said fourth-quarter new home orders increased 3.5% to 3,862 units, from 3,731 units in the fourth-quarter of 2002.