Flooring America Names Senior Vice President
Manchester, NH, July 10--Vinnie Virga has joined Flooring America as its Senior Vice President, a newly created position.
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.
FloorExpo Launches Multi Family Solutions
Marietta, GA, July 10--FloorExpo has announced the formation of Multi-Family Solutions, a brand which will be utilized under the FloorExpo umbrella to specifically target the multi family flooring market through a new division.
Bid For Lunch With Warren Buffett On eBay
New York, NY, July 9--How much would you pay to slurp Coca-Cola with Warren Buffett (News), the world's second-richest man and arguably its most famous investor?
Lehman Boosts Estimates For Lowe's
Charlotte, NC, July 8--Lehman Brothers Inc. said Lowe's Cos.' same-store sales have accelerated over the past several weeks, prompting the firm to boost its earnings forecasts for the second quarter, 2003 and 2004.
Consumer Credit Rose In May
Washington, DC, July 8--Consumers increased their debt balances in May, charging more to credit cards and automobile loans, the Federal Reserve said.
Prospective Pillowtex Buyer A Mystery
Kannapolis, NC, July 8--The story sounds straightforward enough: Broome & Wellington, a British textile firm, seeks to buy beleaguered Pillowtex Corp. for more than $350 million to expand its U.S. operations, as reported in the Charlotte Observer.
Argentine Tile Maker May Open Plant In Florida
Yulee, FL, July 8--An Argentine company that makes ceramic and porcelain tiles may be bringing 170 jobs to Yulee when it begins manufacturing services there, according to the Florida Times-Union, Jacksonville.
Home Depot CEO Outlines Plans To Expand Services
Atlanta, GA, July 8--Home Depot Inc. is banking on becoming the "handyman" for homeowners and professional builders...
Akzo Nobel Completes Sale Of Casco Impregnated Pap
Arnhem, Netherlands, July 8--Akzo Nobel, Deutsche Beteiligungs AG, and Harvest Partners Inc. have closed a deal concerning the divestment of Akzo Nobel’s Impregnated Papers business.
QEP Doing Well
Boca Raton, FL, July 8--Shares in QEP, the Boca Raton flooring tools maker, have more than doubled since they traded at $5.11 on March 17--closing Monday at $10.55, up 11 cents a share, according to the Palm Beach Post.