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.
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.
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.
Barloworld Secures Contract with Beaulieu of Ameri
Berkshire, England, January 17-- Barloworld Handling - a division of South African diversified brands group Barloworld (BAW) - has secured an agreement worth more than R90 million to supply Hyster equipment and services to Beaulieu of America.
May CEO Resigns, Gives No Reason
St. Louis, January 17--The chairman and CEO of May Department Stores Co. resigned Friday, the company said. It did not give a reason for the resignation.
Tennessee Furniture/Rug Retailer Celebrates 1st Ye
Spring Hill, TN, January 17--Judy and Robert Wakefield have just celebrated their first year in business as Spring Hill Furniture and Oriental Rugs.
Historically Strong Housing Market Expected in 200
Washington, DC, January 17--After four consecutive record years, home sales should ease but remain close to record levels in 2005, according to the National Association of Realtors.
UK’s Laminate Flooring Direct Warns of Loss
London, England, January 17--Laminate Flooring Direct PLC said it expects to incur a loss for the year to August 31, 2004 after lower than expected margins and certain prior year costs and despite a 12 pct increase in like for like sales, according to Int
Retailer Wins Trip To Surfaces 2005
Dallas, TX, January 14--One Surfaces 2005 attendee gets to travel to the show this year in first-class style. Gary Howard, Gil’s Carpet, Martinez, CA, won a trip for two to Surfaces through an all-new program.
Business Inventories Up in November
Washington, DC, January 14--Business inventories rose 1.0 percent in November, according to the Commerce Department.
Analysts Expect 3M Q4 EPS to Rise
St. Paul, MN, January 14--3M is expected to report a sizable year-over-year increase in quarterly profit when it releases its fourth-quarter report this week.