Georgia Pacific Posts Profit
Atlanta, GA, Apr. 29--Forest and consumer products company Georgia-Pacific Corp. on Thursday reported a first-quarter profit, reversing a year-ago loss, as prices for lumber and structural panels surged.
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.
Forbo Shareholders Approve Cash Distribution
Eglisau/Zurich, Switzerland, Apr. 27--At the 75th ordinary Annual General Meeting in Zurich on April 27, the shareholders of Forbo Holding SA approved with a large majority all of the proposals put forward by the Board of Directors.
Armstrong Adds Executive Vice President
Lancaster, PA, Apr. 28--Armstrong Holdings, Inc. announced that long-term company executive Stephen J. Senkowski has been elected an Executive Vice President of Armstrong World Industries, Inc., effective immediately.
Consumer Confidence Rises
New York, NY, Apr. 27--Greater optimism about the job market pushed consumers' confidence in the economy unexpectedly higher in April.
Timber Resources Expands Into Hardwood Flooring
Wilmington, DE, Apr. 28--Timber Resources International, Inc. announced that it has approved a strategic plan to expand its business operations into hardwood flooring.
Pergo May Add New Production Line
Garner, NC, Apr. 28--Pergo is considering a $25 million expansion that would add 60 to 70 jobs at its Garner plant.
Carpet One Intros New Store Design Program
Manchester, NH, Apr. 28--Carpet One has unveiled a comprehensive store planning program aimed at helping its members develop attractive yet functional store environments.
Greenspan Sees Long-Term Effect in Oil, Gas Costs
Washington, DC, Apr. 28--Federal Reserve Chairman Alan Greenspan said the recent surge in oil and gas prices appears to be a long-lasting phenomenon.
Anso Nylon to Hold Third Annual Fall Carpet Sale
Dalton, GA, Apr. 27--Honeywell Nylon's third annual “Anso Nylon National Carpet Sale” will be held Sept. 1 through Oct. 16.
Home Depot Expects Earnings Growth of 10% to 14%
Charlotte, NC, Apr. 26--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home-improvement giant's forecast that earnings will grow 10% to 14% this fiscal year, excluding the impact of an accounting change.