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, DC, October 27, 2006--Economic growth slowed sharply in the third quarter, increasing at a real seasonally adjusted annual rate of 1.6% after a 2.6% increase in the second quarter, the Commerce Department said Friday.
Washington, DC, October 27, 2006--Consumer sentiment strengthened slightly in late October, according to media reports Friday of proprietary research from the University of Michigan.
October 23, 2006, New York, NY--Kohlberg Kravis Roberts & Co. (« KKR ») today has signed a definitive partnership agreement with the Deconinck Family (the “Family”) by acquiring 50% of the share capital of SIF (Société d’Investissement Familiale).
Boca Raton, FL, October 24, 2006--Q.E.P. Co. today announced financial results for its fiscal 2007 second quarter and six months ended August 31, 2006.
Barnwell, SC, October 20, 2006--Formica Flooring has entered into an agreement with Darant Distributing Company of Denver, CO in which Darant will handle distribution of laminate flooring in Colorado and neighboring states.
Washington, DC, October 19, 2006--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index remained unchanged and the lagging index increased 0.2 percent in September.
Linwood, PA, October 16, 2006--Foamex International said it has received a commitment for a new equity investment.
Boca Raton, FL, October 16, 2006--Q.E.P. Co. announced that it will delay reporting its financial results for the fiscal 2007 second-quarter and its investor conference call.
Omaha, NE, October 12, 2006--Warren Buffett has warned his top managers at Berkshire Hathaway Inc. against the seduction of "the five most dangerous words in business" -- "everybody else is doing it."
Clinton, SC, October 11, 2006--A fire last night burned nearly half of the Anderson Hardwood Flooring plant in Clinton. All 50 workers in the building were evacuated safely.