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 23--Weyerhaeuser Co. reported Friday that second-quarter profit rose sharply on favorable market conditions for wool products and timberlands, as well as a robust housing market that drove real estate performance.
Trelleborg, Sweden, July 23—Pergo reported its results for the first six months of 2004. Sales during the period were SEK 1,417 M ($187.9M) (1,344), an increase of 13% compared with the year-earlier period after adjustment for currency effects.
Gandino, Italy, July 23--Italian company Radici Group has sold Aussapol to Portugese PET producer Selenis.
Brussels, Belgium, July 22--U.S. investor Platinum Equity won European Commission permission on Wednesday to purchase textile-dye firm DyStar from chemical firms Bayer BASF and Aventis' unit Hoechst.
New York, July 23--The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index held steady in June.
Hoffman Estates, IL, July 22—Sears reported quarterly profit that was well below Wall Street expectations because of poor spring clothing sales, and forecast weaker-than-expected full-year results.
Calabasas, CA, July 23--Homebuilder Ryland Group Inc. reported second quarter earnings were up 41.6 percent on higher home orders and margins.
San Diego, July 22--Dane Lacey can't mow his new front lawn. He can only wash it with a garden hose or clean it with a leaf blower.The grass will never grow and is guaranteed against losing its zucchini-green hue, according to the San Diego Union-Trib
Rochester, NY, July 22 -- Rochester Flooring Resource has acquired 12 locations throughout the East Coast and the Midwest from The Invironmentalists.
Atlanta, GA, July 22--Home Depot announced the appointment of Lawrence "Larry" R. Johnston, chairman of the board, CEO and president of Albertson's, Inc., and Laban "Labe" P. Jackson Jr., chairman and CEO of Clear Creek Properties, Inc., to its board