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.
Washington D.C., August 2--After a tough year of consolidations and mergers among department, drug and grocery stores, specialty stores are gaining a wider market share, making them a major force in retailing.
Pittsburgh, PA, August 2--PPG Industries has acquired Crown Coating Industries of Singapore, a privately held manufacturer of specialty wood coatings. Terms were not disclosed.
Aurora, CO, August 2--BonaKemi USA, a leader in hardwood floor finishing and floor care, has added Dennis Savage as sports sales manager for the Western region.
Atlanta, GA, August 1--Home Depot said it received a federal grand jury subpoena seeking documents and information related to its handling, storage and disposal of hazardous waste.
Tempe, AZ, August 1--Economic activity in the manufacturing sector grew in July for the 26th consecutive month, while the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On
Washington, DC, August 1--The U.S. House of Representatives on July 27 passed the Small Business Health Fairness Act (H.R. 525), a bill that permits the formation of association health plans (AHPs).
Minneapolis, MN, August 1, 2005—-Maintenance products company Tennant today reported net earnings of $6.7 million, or $0.74 per diluted share, on net sales of $137.1 million for its second quarter ended June 30, 2005.
Paris, France, August 1--LBO France, a Paris-based private equity firm, agreed to buy French tile-maker Groupe Terreal for about 860 million euros ($1 billion), adding to investments that include building materials supplier Materis.
Wellington, New Zealand, August 1--The reputation of the Feltex board led by chairman Tim Saunders is not improving with age. This week, the beleaguered carpet manufacturer revised its June-year earnings for the third time in four months.
Washington, DC, August 1--Spending fell 0.3% in June to an annual rate of $1.1 trillion, according to the Commerce Department.