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.

Jordan Kane Acquires RJ Flooring

New York, NY, December 17--Jordan Kane Floors announced that it has acquired RJ Flooring Systems. RJ Flooring is a full-service supplier and installer of commercial flooring in the New York and New Jersey area.

CVC Capital to Make Forbo Bid in January at the Ea

Zurich, Switzerland, December 17--UK investment group CVC Capital Partners will not launch an official takeover offer for Swiss flooring materials group Forbo Holding AG before January 2005, Swiss finance magazine Cash said, citing CVC director Heinz Hass

Update – Action on Armstrong’s Reorganization Plan

Lancaster, PA, December 17—A hearing was held earlier this week in U.S. District Court for the District of Delaware, to considered objections to Armstrong Holding's plan of reorganization in the company's Chapter 11 Bankruptcy proceedings.

Steelcase Swings to Profit in 3Q

Grand Rapids, MI. December 17--Steelcase Inc. said Friday it swung to a profit in the third quarter on an almost 10 percent increase in revenue.

CPI Up 0.2% in November

Washington, DC, December 17--The consumer price index rose 0.2 percent in November after rising 0.6 percent in October, the Labor Department said Friday.

Bush Focuses on Legal Reform

Washington, Dc, December 16--President George W. Bush pledged Wednesday to submit legal reform legislation to Congress that would cover asbestos and class-action lawsuits, as well as medical malpractice.

Home Depot Opens Second Manhattan Store

Atlanta, GA, December 16--Home Depot will open its second Manhattan store today. The 108,000 square feet location, at Third Avenue between 58th and 59th streets, is multi-level store and similar to the company's 23rd Street store.

Builder Confidence Remains Strong In December

Washington, DC, December 16-- The nation’s home builders are in good holiday spirits this December, maintaining the same high level of confidence as the last two months, according to the National Association of Home Builders/Wells Fargo Housing Market Ind