SPACES Opens in Florida
Fort Lauderdale, FL, February 2--SPACES, Florida's largest retail home design center with over 155,000 square feet of showrooms, has officially opened their doors to the public.
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.
Armstrong, Union Agree on Severance
Lancaster, PA, February 1--Armstrong World Industries is keeping its word to its employees who are losing their jobs, according to the Lancaster New Era.
Forbo Reports 1.5% Sales Increase
Eglisau, Switzerland, February 1--In the business year 2004, Forbo raised net sales by CHF 23.4 million ($19.7M) to CHF 1,622.3 million ($1.36B), which corresponds to an increase of 1.5% over the previous year.
2004 GDP Best in 5 Years
Washington, DC, January 31--The economy finished 2004 with its best performance in five years despite slowing in the final stretch.
December New Home Sales Up 0.1%
Washington, DC, January 31--Sales of new single-family homes rose 0.1% in December, to a seasonally adjusted annual rate of 1.098 million, to close out the strongest year on record, according to the Commerce Department.
Congoleum Announces Price Increase
Mercerville, NJ, January 31--Congoleum announced a five percent price increase on Jan. 25 to be applied to all of its residential and commercial flooring products. The price increase will be effective with shipments beginning March 1, 2005.
Honeywell 4Q Earnings Up 3%
Morris Township, NJ, January 28--Honeywell International Inc. posted a 3 percent rise in quarterly profit and lifted its earnings outlook for 2005, buoyed by strong orders from its mainstay aerospace unit and hot demand for turbo chargers.
Pergo Takes Patent Infringement Action Against Fau
Trelleborg, Sweden, January 26--Pergo said it has two steps to protect its patent rights: The group has filed an infringement and copyright action suit against Faus for infringement and the United States Patent Office has issued a "Notice of Allowance."
Mannington Commercial Launches New Healthcare Plat
Calhoun, GA, January 27--Mannington Commercial introduces BioTec, a revolutionary new floorcovering platform that solves a vast array of flooring challenges in healthcare facilities.
Lowe's Tillman Set To Step Down
Mooresville, NC, January 27--At the beginning of the decade, Lowe's chairman and chief executive Robert L. Tillman declared his goal for the home-improvement giant to become the top major appliance retailer by 2006.