Q.E.P. Reports 2Q Loss
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.
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.
Kohlberg Kravis Roberts Signs Agreement to Acquire
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).
Darant to Distribute Formica Flooring
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.
Leading Indicators Edge Up 0.1%
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.
Foamex Gets Commitments for Equity Investment and
Linwood, PA, October 16, 2006--Foamex International said it has received a commitment for a new equity investment.
Q.E.P. to Delay Announcing 2Q Results
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.
Buffett Warns Managers: Avoid the Trap of Everyone
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."
Fire Damages an Anderson Hardwood Plant
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.
Faus, Hoboken/SPI Extend Distribution Agreement
Calhoun, GA, October 9, 2006--Faus Group, Inc. and Hoboken Floors / SPI Floors LLC. have announced a further extention of their existing distribution partnership to include the entire Northern market.
Unilin Concludes Agreements with Two Chinese Lamin
Korntal,Germany, October 9, 2006—Flooring Industries Ltd, the intellectual property holding of the Unilin group, announces that it has reached a settlement and a license agreement with Jiangsu Kelida Decoration Material Co. Ltd.