Graninge Acquires Kahrs' Cogeneration Plant
Stockholm, Sweden, Dec. 16--Graninge has signed an agreement to acquire the energy business area of the flooring manufacturer AB Gustaf Kahr.
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.
Retail Sales Up
Washington, DC, Dec. 12--Shoppers pushed sales at the nation's retailers up by 0.4% in November, the best showing in three months. Sales of furniture and home furnishings led the way
Chorman Elected to Foamex Board
Linwood, PA, Dec. 11--Thomas E. Chorman, president and chief executive officer of Foamex International has been elected to the company's board effective immediately.
Dow Brings Back Former CEO
Midland, MI, Dec. 13--Citing two years of lackluster financial performance, Dow Chemical replaced its president and chief executive with the man who previously led the company.
Tandus Redefines Market Strategy
Dalton, GA, Dec. 9--Tandus Group has made fundamental changes to its strategy for bringing to market its specialized floorcovering brands--C&A Floorcoverings (C&A), Crossley Carpet Mills and Monterey Carpets.
Marley Sells Automotive Carpet Unit
Durban, South Africa, Dec. 9--Automotive component group Feltex, has acquired the automotive carpet unit of Marley for an undisclosed sum.
Revenues Up For Tandus
Dalton, GA, Dec. 10--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, had third quarter revenues of $84.3 million compared to $82.4 million for the same period a year ago.
Canadian Lumber Tariff Hurts Consumers, Group Clai
Washington, D.C., December 6, 2002--American Consumers for Affordable Homes (ACAH) today called on the U.S. International Trade Commission (ITC) to focus on how trade distorting measures, particularly the 27% duties recently imposed on Canadian lumber imp
Armstrong Teams With Xign Payment Sevices
Pleasanton, CA, Dec. 9--Armstrong World Industries has selected the Xign Payment Services Network to automate its paper based accounts payable processes.
Home Depot Posts Third Quarter Net Gains
Atlanta, GA, Dec. 6, 2002--Home Depot’s net sales for the third quarter of fiscal 2002 increased 8.9% to $14.5 billion from $13.3 billion for the third quarter of fiscal 2001.