German Firm To Open West Virginia Plant
Clarksburg, WV, June 18--Stockmeier Kunststoffe, a German manufacturer of polyurethane products, plans to open a facility in Harrison County.
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.
DuPont Successfully Completes Tender Offer
Wilmington, DE, June 17—DuPont today announced that DCI Acquisition Inc., a subsidiary of DuPont, has successfully completed the tender offer for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates.
Pergo Unsure About Expansion Plans
Garner, NC, June 17--Swedish floor maker Pergo is still considering increasing its U.S. manufacturing capacity despite the recent collapse of its plans to take over a rival, but whether that will lead to an expansion of its Garner plant remains a question
Shaw Debuts New Commercial Lines
Dalton, GA, June 17--Shaw S|C, a leader in carpet design and sustainability, is proud to bring three innovative lines to the floor covering industry.
Builder Confidence Rises
Washington, DC, June 16--Indicating that the lowest mortgage rates in nearly half a century are providing solid motivation for home buyers, builder confidence in the market for new single-family homes rose strongly in June to pre-war levels, the National
Domco Tarkett Provisional Share Values Announced
Farnham, Quebec, June 17--Domco Tarkett Inc. announced today that the Special Committee of Independent Directors of Domco Tarkett authorized the disclosure of the provisional range of values...
LDBrinkman To Liquidate Sacramento Inventory
Sacramento, CA, June 17--Flooring wholesaler LD Brinkman is liquidating its entire inventory including goods in its Sacramento warehouse, where it has laid off about 20 people, according to the Sacramento Bee.
Pergo Writes Down Value Of Its Witex Shares
Trelleborg, Sweden, June 16--The Pergo Board of Directors has decided to make a complete write-down of the value of its shareholding of 25.1 percent in Witex. This is due to the preliminary bankruptcy of Witex AG.
Asbestos Litigation Talks Resume
Washington, DC, June 16--Labor, insurance and business leaders revived negotiations on Capitol Hill this weekend over federal legislation to rein in asbestos lawsuits that pose a growing threat to dozens of large manufacturers.
Canadian Flooring Producer Part Of Green Energy Pl
Vancouver, BC, June 13--Canada DynaMotive Energy Systems Corporation, Magellan Aerospace division-Orenda Industrial (Orenda) and Erie Flooring and Wood Products intend to develop a 2.5 MW electric combined heat and power project in West Lorne, Ontario, Ca