Georgia-Pacific's 2Q Sales and Earnings Off
Atlanta, GA, July 28—-Georgia-Pacific posted second quarter net earnings that fell to $194 million, or $0.73 a share, compared with $220 million, or $0.84, earned in the year-ago quarter.
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.
BlueLinx Acquires Hardwood Distributor Lane Stanto
Atlanta, GA, July 28--Building products distributor BlueLinx Holdings Inc. has purchased California-based hardwood lumber company Lane Stanton Vance (LSV).
Feltex Earnings Up Before Costs of Exiting Manager
Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.
StonePeak Signs Agreements with 30+ Distributors
Chicago, IL, July 28--StonePeak Ceramics, Inc., an American tile company that manufactures and markets high-quality porcelain ceramic tile for residential and commercial use, has signed distribution agreements with more than 30 distributors from around th
Beazer 3Q Earnings Up 89%
Atlanta, GA, July 28--Beazer Homes USA reported earnings in the third quarter that rose 89 percent to $112.7 million, or $2.50 per share, compared with $59.7 million, or $1.42 per share, a year before.
Help-Wanted Ad Index Edges Up
New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.
Nebraska Furniture to Expand its Kansas City Locat
Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.
Federated to Convert 330 May Stores to Macy's
Cincinnati, July 28--Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company.
Mobile Home Builder Fleetwood Sees Stronger Sales
Riverside, CA, July 27--Fleetwood Enterprises plans to double its mobile-home manufacturing space in the Inland Empire by leasing a 96,550-square-foot factory on 13 1/2 acres in Perris.
Retail CEOs Urge Passage of DR-CAFTA
Washington, DC, July 27-- Thirty members of the National Retail Board of Directors today urged the House to pass legislation implementing the Dominican Republic-Central American Free Trade Agreement.