Ryland 4Q Earnings Up 26%
Calabasas, CA, January 19—-Homebuilder Ryland Group posted 26 percent growth in fourth-quarter profit and increased its 2005 outlook.
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.
May CEO's Exit Sparks Buyout Speculation
St. Louis, MO, January 19--May Department Stores Co. stock surged Tuesday amid renewed optimism for the company in the wake of chief executive Gene S. Kahn's abrupt resignation Friday.
JNK Signs Agreement with Fpworld.com
Grand Junction, CO, January 18-- JNK Products, LLC, a leading E-tailer of garage flooring products, as well as garage storage, and automotive products has signed an additional marketing agreement with FPWorld.
N.Y. Fed Empire State Index Off in January
New York, NY, January 18--Activity in the New York state manufacturing sector fell in early January, but conditions remain favorable, a survey said on Tuesday.
PFA Phasing Out PentaBDE Flame Retardant Additives
Knoxville, TN, January 18--Polyurethane Foam Association (PFA) manufacturing members report an almost total phase out of the use of pentabrominateddiphenylether-based (pentaBDE) flame retardant additives in the manufacturing of foam grades for use in home
NRF Forecasts '05 Retail Sales Growth of 3.5%
New York, NY, January 18--The National Retail Federation (NRF) released its 2005 forecast today, predicting that general merchandise store sales will in increase 3.5 percent from last year.
Faus Licenses Berry Floor
Dalton, GA, January 18--Faus announced that it has granted Berry a patent license on its Embossed-In-Register and Joint Guard beveled edge patents.
3M 4Q Earnings Up 16.3%
St. Paul, MN, January 18--3M Co said its earnings grew 16.3 percent in the fourth quarter. The company earned $720 million, or $0.91 per share, up from $619 million, or $0.77 per share, a year ago. Sales rose 7.9 percent to $5.09 billion from $4.72 billio
MeadWestvaco Sells Papers Business
Stamford, CO, January 18--MeadWestvaco Corp. has agreed to sell its papers business, including several mills and forest land, for $2.3 billion to a private buyout group so it can focus on its packaging business.
Pergo Appoints Duval VP of Sales
Raleigh, NC, January 17--Pergo has appointed Paul Duval as the company’s new vice president of sales. Duval joined the company January 10, 2005.