Forbo CEO Leaves Company, Shareholder Demands End
Eglisau, Switzerland, February 22--Forbo shareholder Michael Pieper has demanded that the Forbo board immediately terminate the bidding process for the company.
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.
Tarkett Names Coker Sr. VP Residential Sales
Whitehall, PA, February 21--Tarkett Inc. has appointed Perry Coker senior vice president, residential sales. In this role Coker will oversee sales for all products in Tarkett’s Residential and Wood divisions, including FiberFloor, sheet vinyl, laminate an
Hanley Wood to Acquire Housing Data Provider
Washington, DC, February 21--Hanley Wood announced its intent to purchase Feasinomics, Inc., Florida's leading provider of housing data and consulting services.
Chicago Healthcare Architecture Firm Expands
Chicago, February 18--Jensen & Halstead Ltd., a leading Chicago healthcare architecture firm, has joined forces with Studio One Design, an interior design firm also concentrating in healthcare and senior living facilities.
Report Says Massive Amounts of Flooring Timber Sm
Jakarta, Indonesia, February 17--Environmental investigators say they have uncovered massive timber smuggling from Indonesia's Papua province to China in what they described as the world's largest logging racket involving one wood species.
Building Plastics Joins Azrock Distribution Networ
Houston, TX, February 17--Tarkett Commercial announced that Building Plastics, Inc. (BPI), of Memphis, TN, has joined the company’s distribution network and will begin distributing Azrock by Tarkett commercial flooring in the state of Texas.
Housing Starts Hit a Nearly 21-Year High
Washington, DC, February 16--Housing starts rose 4.7 percent in January to a nearly a 21-year high, according to an announcement from the Commerce Department.
Lennar Acquires Urban Redevelopment Properties in
Miami, FL, February 15--Lennar Corporation and Roseland Property Company announced that Lennar will acquire a portfolio of 15 properties located along the Hudson River waterfront facing mid-town Manhattan and in the greater Boston area.
Retail Sales Off in January
Washington, DC, February 15--Retail sales declined 0.3 percent in January as automobile sales dropped sharply, according to a report from the Commerce Department.
Mohawk’s 4Q Earnings Inch Up
Calhoun, GA, February 15--Mohawk Industries announced net earnings in the fourth quarter of 2004 of $102.5 million and diluted earnings per share (EPS) of $1.52 for the fourth quarter of 2004.