Forbo May Finance Acquisitions With its Share
Zurich, Switzerland, August 9, 2006—According to a report from AFX News, Swiss industrial group Forbo Holding AG is seeking acquisitions and may finance any future deals with its own shares.
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.
Floor & Décor Opens in Glendale Arizona
Glendale, AZ, November 16--Floor and Décor Outlets of America will open its first Arizona store on Bell Road, Glendale's main retail artery according to the Arizona Republic.
British Floor Police Guard Against Slipperiness
London, England, November 12--Polishing the floor too thoroughly is illegal - it's official. Britain's safety watchdog has advised employers to assess their floor coverings for the danger of somebody falling flat on their face.
New Resource Launched for Environmental Builders,
Portland OR, November 11--With builders and architects striving for Leadership in Energy & Environmental Design (LEED) certified development,two Oregon entrepreneurs are launching Canopy.
Cosky Steps Down as MasterTile CEO
Houston, TX, November 10--Tom Cosky, CEO of MasterTile, stepped down today citing a need for new and different executive management to take MasterTile to the next level and build an integrated, national organization.
Mannington Gears Up for Surfaces 2005
Salem, NJ – November 9 – With reports of registration and housing requests ahead of last year’s show, Mannington is gearing up for another spectacular Surfaces in January.
Home Builder Lennar Warns on 4Q Closings
Miami, FL, November 5--Lennar Corp warned that it may have to delay closings on 600 of the new houses it expected to deliver to homeowners in the current quarter in part because of slowing demand in Southern California and Las Vegas.
Election Brings Optimism For Asbestos Tort Reform
Washington, DC, November 4--Companies battling asbestos litigation felt optimistic on Wednesday that stalled legislation to limit corporate liability would be pushed through a Republican-controlled Congress after President George W. Bush's re-election
ISM Manufacturing Index Off in October
Washington, DC, November 3--The Institute for Supply Management said its monthly index of manufacturing activity fell to 56.8 in October from 58.5 the month before.
Feltex 1Q Earnings Up
Auckland, New Zealand, November 2-- Feltex Carpets made a first quarter net profit of $4.4 million, in line with forecasts.