EQT Acquires Munksjo
Stockholm, Sweden, December 23--The EQT III fund ("EQT") signed an agreement with Jefferson Smurfit Group to acquire Munksjo AB.
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.
Carolina Tile Completes Move to Orangeburg, SC
Orangeburg, S.C., December 21--Full-service tile and natural stone retailer Carolina Tile celebrated its arrival in Orangeburg with a ribbon-cutting and grand opening ceremony Saturday, Dec. 18, according to the Orangeburg Times Democrat.
Armstrong Featured on Monster House
Lancaster, PA, December 21--Were you ever lucky enough to get a glimpse into the sacred, secretive faculty room when you were in elementary school?
Alabama Wood Flooring Plant Lays Off Workers
Linden, AL, December 21-- For employees of Linden Lumber Company, Marengo County's largest employer with 635 workers, some Christmas cheer was dampened when it was announced the plant would close for two weeks during the holidays.
EU Approves Permira, PEP, Marazzi Acquisition of T
Brussels, Belgium, December 21--The European Commission said it has cleared the proposed joint acquisition by Permira Europe, Private Equity Partners and Marazzi Group SpA of ceramic tile manufacturer Marazzi Gruppo Ceramiche SpA.
Lanxess Prepares for Spinoff
Leverkusen, Germany, December 21--Bayer is to spin off its chemicals operation Lanxess on the stock market early in 2005. It is hoped this will lift both Bayer's own market capitalization and create a basis for a reasonable share price for the new com
Faus to Launch Redesigned Websites
Dalton, GA, December 21--Faus Group, Inc. will be introducing more than new product lines during the Surfaces market in Las Vegas January 26th - 28th. Redesigned web sites reflecting a new company strategy will also be up and running.
TORLYS Announces Winner of 'Easy Living Floor
Mississauga, Ontario, December 21--Wendy Olson of Stonewall, Man., near Winnipeg, is the lucky winner of a STEPS Elegance floor in the TORLYS "Easy Living Flooring Contest."
Chain Store Sales Up 1.6% Last Week
New York, NY, December 21--U.S. chain store retail sales rose in the latest week, as consumers picked up the pace of holiday shopping, a retail report said on Tuesday.
Home Depot Names Taylor EVP
Atlanta, GA, December 21--The Home Depot has announced that Tom Taylor, a 21-year company veteran, will assume the newly-created role of EVP - Home Depot Stores.