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.
Federal Way, WA, July 21--Weyerhaeuser reported second-quarter profit rose 14 percent, helped by a gain on the sale of its British Columbia operations, but forecast lower third-quarter earnings due to seasonal shutdowns.
Rexdale, Ontario, July 21—Supra Floors has launched Subflor Supreme, which it calls the first, all-in-one flooring for concrete.
Fort Worth, July 21--D.R. Horton Inc. reported third quarter earnings that rose 48 percent, with sales of nearly 15,000 homes setting an industry record.
Mooresville, NC, July 21--Lowe's will expand its regional distribution center in Statesville, N.C.
Omaha, NE, July 21--Berkshire Hathaway will acquire recreation vehicle manufacturer Forest River Inc. from its founder and CEO, Peter J. Liegl.
Richmond, VA, July 21--RoomStore, which emerged from bankruptcy court protection last month, bid this week to buy 50 of the 65 stores operated by Atlanta-based Rhodes for $38.8 million.
Calabasas, CA, July 21--The Ryland Group reported second quarter earnings of $104.3 million, or $2.10 per share, up 39 percent from $76.5 million, or $1.51 per share, in the year-earlier quarter.
Houston, TX, July 21--Design Tech Commercial Distributors LLC, an experienced Texas flooring distributor and management team, is now offering Azrock by Tarkett, Marley by Tarkett and Tarkett Commercial LVT flooring products.
Aurora, CO, July 21--BonaKemi USA added Dan Lipman as regional distributor manager for the Western region.
New York, NY, July 21--The Conference Board said that based on the benchmarked figures announced today, its leading indicators index increased sharply in June following no change in May.