Equity Firms Buy 33% Stake in Marazzi Group
Milan, Italy, November 17 -- Permira Europe II and Private Equity Partners Funds have acquired 33% ownership of Marazzi Group, the world's largest manufacturer of ceramic tiles.
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.
Thomas Industries Acquires Superior Yarn & Mattel
Denver, CO and Dalton, GA, October 19--Thomas Industries, LLC, announced that effective October 2, 2004, they have completed the acquisition of the assets of Superior Yarn Technologies, LLC and Mattel Carpet & Rug, Inc.
AFA Celebrates 25 Years
Dalton, Georgia, September 29--On October 5, the American Floorcovering Alliance (AFA) will hold their annual meeting at the Dalton Golf & Country Club.
Carpetland Opens 2nd Location in Dubai
Dubai, United Arab Emirates, September 28-- Carpetland inaugurated its second showroom in Dubai on September 25th, 2004.
Floor Covering Fair Scheduled Next Week in Beijin
Beijing, China, September 24--The 5th China International Floor Coverings and Carpet Fair is scheduled for next Monday through Wednesday, September 27-30 at the China International Exhibition Centre, in Beijing, China.
Omnova’s Losses Narrow in 3Q
Fairlawn, OH, September 23-- Omnova Solutions Inc., a specialty chemical maker, on Wednesday reported a narrowed third-quarter loss, despite the effect of higher raw material costs.
Lennar 2Q Earnings Up 12%, Beat Estimates
Miami, FL, September 20--Homebuilder Lennar Corp Monday reported record third-quarter earnings and hiked future guidance.
Torlys Launches Canadian Consumer Contest
Mississauga, Ontario, September 17-- Torlys today kicked off its first national consumer contest - the "Easy Living Flooring Contest" - that will see one lucky winner receive a new STEPS Elegance premium laminate floating floor to help them create their p
Faus Group Names Marketing Manager
Dalton, GA, September 16--Faus Group, Inc. has appointed Traci Powell as Marketing Manager.
Trade Gap Narrows in July
Washington, September 10-- The trade deficit fell 8.9% in July to $50.15 billion July, the Commerce Department reported.