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.

Rubicon Group Takes Stake in Tile Town

St. Louis, MO, March 14--According to the St. Louis Business Journal, The Rubicon Group acquired the majority ownership stake in Tile Town last month for about $350,000.

Green Chemistry Bill Reintroduced in House

Washington, DC, March 14--Legislation that would increase the federal focus on green chemistry to discover more environmentally benign chemical products and processes was reintroduced in the House of Representatives last week.

UK's Floors-2-Go to Open New Distribution Cent

Birmingham, England, March 14—-The Birmingham Post & Mail reported that Floors-2Go, Britain's biggest laminate and hardwood flooring specialist, is opening a new national distribution center in the Midlands.

Forbo Says 2004 EBIT Reduced by Special Charges

Eglisau, Switzerland, March 11--- AFB Investment S.A., a company controlled by CVC Capital Partners, has published its tender offer for the shares of Forbo at an offer price of CHF 260 per share.

Greenspan Voices Concern over Deficit

New York, NY, March 11--Fed Chairman Alan Greenspan told the Council on Foreign Relations here Thursday that he was not "overly" concerned about the record U.S. trade gap and heavy consumer debt loads, but the nation's budget outlook gave him pause.