H.I.G. Capital Recapitalizes Augusta Lumber
Miami, FL, December 19, 2006—Private equity firm H.I.G. Capital said it has recapitalized Augusta Lumber Co., Inc. and its affiliates.
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.
Eliane Intros Versatile
Carrollton, TX, December 19, 2006--Eliane will introduce Versatile, a multifaceted fully-rectified porcelain series with a range of finishings.
Finland's Karelia Acquires Facility in Romania
Kuopio, Finland, December 18, 2006--Hardwood flooring producer Karelia said it has acquired Romanian factory and sawmill Larodan, located in Transylvania, close to oak, ash and beech forests.
Hakatai Adds “To the Trade” Website Function
Ashland, OR, December 14, 2006--Hakatai Enterprises, Inc., importer and distributor of glass tile, recently launched a “to the trade” function to their website.
Pier 1 3Q Losses Widen
Fort Worth, TX, December 14, 2006--Pier 1 Imports Inc. said its fiscal third-quarter loss widened as sales slumped and marketing costs increased.
Nourison Makes Sales Department Changes
Saddle Brook, NJ, December 12, 2006--Nourison has made a number of internal personnel changes in its sales department.
Domco Adds Two Designs To Builders Choice
Farnham, Québec, December 13, 2006--To its Builder’s Choice collection of resilient sheet flooring designed for builders and property managers, Domco adds two new patterns.
Preverco Offers Wider Boards for Original Series
Quebec, Canada, November 13, 2006--Preverco now offers wider boards for its Original Series. Preverco’s line of Original Series of hardwood flooring has been extended to offer 5 inch boards.
Refinance Applications Hit Highest Levels in Over
Washington, DC, December 13, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 8.
UN: New Agreement Drafted to Manage World’s Forest
New York, NY, December 12, 2006--After years of deadlocked discussions and fragmented management of the world’s forests, representatives of governments, intergovernmental organizations and civil society today began drafting a new agreement on internationa