Home Depot awards Shaw as green partner
The Home Depot has honored Shaw Industries with its Environmental Partner of the Year Award at its annual supplier partnership meeting. The Dalton, Georgia-based floorcovering firm was recognized for is material resuse, renewable energy use and social responsibility.
“The spaces where we live, work, play, learn and heal have a huge impact on our lives,” said Susan Farris, vice president of sustainability and corporate communications at Shaw Industries. “That’s why we’re committed to using safe ingredients and designing sustainable products. Our commitment to Cradle to Cradle design principles for the past 20 years is evidence of that,”
Over the past five years, Shaw has invested $1.5 billion in new and existing operations to upgrade equipment and facilities to meet high safety and sustainability standards.
Floor & Decor adds 500 jobs in Atlanta
Floor & Decor, a multichannel specialty retailer of hard surface flooring and related accessories, announced Thursday it is adding 500 jobs over the next five years as a new Atlanta headquarters.
Founded in 2000, Floor & Decor stores offer a broad selection of in-stock tile, wood, laminate and natural stone flooring products, as well as decorative accessories and installation materials. Floor & Decor operates 95 warehouse-format stores in 26 states, including seven in Georgia. In February, the company opened a state-of-the-art 1.4 million-square-foot distribution center outside of Savannah, which employs over 100 people.
“Floor & Decor was founded in Atlanta nearly 20 years ago, and we’re proud of the hundreds of high-quality jobs that we’ve created in Georgia,” company CEO Tom Taylor said .”The state’s business-friendly environment and infrastructure make it the perfect place for us to support our stores and our customers.”
Burns & McDonnell to double local staff
After supporting nearly 900 infrastructure projects in Tennessee since opening its doors in the state more than a decade ago, Burns & McDonnell said Thursday it is expanding its presence in Chattanooga.
The employee-owned engineering, architecture, construction, consulting and environmental firm has relocated to an 8,619-square-foot office at 100 W. Martin Luther King Boulevard to accommodate plans for doubling the size of its 30-person local workforce during the next five years. The growth in the region is part of firm’s nationwide effort to hire more than 1,000 professionals annually.
“We are proud to call Chattanooga home and to be a part of this flourishing city,” says Marlin Gines, Chattanooga office manager for Burns & McDonnell.
Burns & McDonnell ranks among the top 10 design firms in the U.S. and is No. 1 in Power, according to Engineering News-Record.
Cleveland Chamber names new class
The Cleveland/Bradley Chamber of Commerce has begun its 2018-2019 Leadership Cleveland program, a 9-month community development initiative that brings professionals throughout the region together.
Participants in this year’s class are Tennille Jobe, Cleveland Utilities; Lindsey Kiker, Hughes Retirement Group; Kristy Snider, Cleveland Family YMCA; Ginger Carter, Bowater Credit Union; Ede Scannapiego, Tennova Healthcare—Cleveland; Kelly Roberts, First Tennessee Bank; Joseph White, Cleveland Utilities; Chandler Burke, McIntire & Associates Insurance Inc.; Payten Holcombe, Tennova Healthcare—Cleveland; Kelsey South, Life Bridges; Wendy Hughes, Hughes Retirement Group; Adam Osborne, Henderson, Hutcherson & McCullough PLLC; Rebecca Brnik, Bradley County Schools; Nicholas Townsend, Tennessee Valley Federal Credit Union; Arlette Robinson, Bradley County Schools; Andrew Rogers, Companion Funeral & Cremation Service; Logan Young, Athens Federal Community Bank; Scott Packett, Cleveland State Community College; LaManda Bowers, Habitat for Humanity of Cleveland.
Mortgage rates drop, 30-year rate at 4.71 %
Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases.
Costs for would-be homebuyers have been climbing, and the key 30-year rate has been running at its highest levels in more than seven years. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked down to 4.71 percent this week from 4.72 percent last week. The average benchmark rate has risen from 3.85 percent a year ago.
The average rate on 15-year, fixed-rate loans slipped to 4.15 percent this week from 4.16 percent last week.