The Dixie Group Inc. has announced that, following informal discussions with the staff at the U.S. Federal Trade Commission (FTC), Dixie and Shaw Industries Group Inc. have agreed to voluntarily provide the FTC with additional time in which to review the proposed sale of certain Dixie assets to Shaw.

Solutia Inc. has closed on a new revolving credit facility effective immediately. The new three-year, $350 million credit facility is led by Ableco Finance LLC, a unit of Cerberus Capital Management L.P., and other syndicate lenders, Wells Fargo Foothill, and Congress Financial Corp.

New claims for unemployment insurance fell last week to their lowest level in eight months, the Labor Department has reported.

Wholesalers' inventories fell unexpectedly in August while sales of goods posted a solid rise, the Commerce Department said recently.

The Carpet and Rug Institute (CRI) will convene its annual conference at the Northwest Georgia Trade & Convention Center on Friday, Oct. 24.

Domco Tarkett Commercial has announced that The Stephens Co., headquartered in Houston, has added Tarkett Sommer luxury vinyl tile to its existing line of Domco Tarkett Commercial products.

Jan Lembregts, president, Residential Division, Domco Tarkett Inc. has announced key leadership positions for the Domco brand.

Mannington Mills and Surfaces present "Surfaces CELEBRATION!" -- a world-class networking event starring Kool and the Gang, Thursday, Jan. 29 from 5:30 to 7:30 p.m. at the Mirage Hotel & Casino.

Solutia Inc. has received a firm commitment from a lender to refinance its existing revolving credit facility and anticipates finalizing the transaction shortly.

Formica Corp. will relocate its global headquarters from Warren, N.J., to an as-yet-undetermined site in the Greater Cincinnati area.