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

Personal spending posted another good gain in August, the Commerce Department announced.

Granitifiandre's new German plant was inaugurated in the presence of Brandenburg Premier Matthias Platzeck, the mayor of Vetschau, Alex Mueller, and Granitifiandre’s top executives.

TieTek has joined Solutia's Partners for Renewal program.

Mohawk has announced a series of more than 40 meetings in the U.S. and Canada.

The Department of Housing and Urban Development's (HUD) ability to improve housing opportunities for America's working families would be severely undermined if Congress were to agree to a Bush Administration plan to transfer the current program oversight of Fannie Mae and Freddie Mac from HUD to the Treasury Department, the nation's home builders told lawmakers today.

Pergo has announced that it will invest approximately $16 million in its U.S. operations.

Sales of new homes in August rose to the second highest rate on record, the Commerce Department said.

Sales of existing homes rose 5.5 percent to a record pace in August, the National Association of Realtors (NAR) said.

Formica Corp. has filed its plan of reorganization and disclosure statement with the United States Bankruptcy Court for the Southern District of New York.