Forbo Says 2004 EBIT Reduced by Special Charges
Eglisau, Switzerland, March 11--- AFB Investment S.A., a company controlled by CVC Capital Partners, has published its tender offer for the shares of Forbo at an offer price of CHF 260 per share.
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.
Menards to Carry Fabulous Floors Magazine
Ghent, NY, March 11--Menards, the nation’s third largest home improvement store chain, has become the latest major U.S. outlet to feature Fabulous Floors magazine.
Greenspan Voices Concern over Deficit
New York, NY, March 11--Fed Chairman Alan Greenspan told the Council on Foreign Relations here Thursday that he was not "overly" concerned about the record U.S. trade gap and heavy consumer debt loads, but the nation's budget outlook gave him pause.
Trade Gap Up 4.5% in January
Washington, DC, March 11--The trade deficit widened in January by 4.5 percent to a seasonally adjusted $58.3 billion.
Columbia Creates Position of Unit Manager for Unfi
Danville, VA, March 10--Columbia Flooring appointed Donna Millard as business unit manager, unfinished hardwood flooring.
Interface Associates Make Mark on Florida Communit
Marco Island & Naples, FL, March 10--Interface Flooring Systems associates took on community improvement projects here, with associates in town from the U.S., Canada and Latin America for the company's annual sales meeting.
Mannington Seeks 'Stand on a Better World'
Salem NJ, March 10-- Do you know someone whose contributions to her community should be recognized? Does she "stand on" making this world a better place?
Beige Book: Economy Expanding Nicely
Washington, DC, March 10--The Federal Reserve Beige Book, released yesterday, noted that steady consumer spending and continued factory output boosted the economy in February.
Butler-Johnson Wins $25,000 Award from Surfaces
Dallas, TX, March 10--Butler-Johnson Corporation, a floor covering distributor in Sacramento, Calif., won $25,000 for bringing the largest number of verified attendees to Surfaces.
Wholesale Inventories Up 1.1% in January
Washington, DC, March 10—Wholesale inventories were up 1.1 percent in January, according to the Commerce Department.