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.
Paris, France, Feb. 25, 2011 -- Private equity firm Intermediate Capital Group has agreed to acquire Gerflor from AXA Private Equity, with the support of Gerflor’s existing management team, headed by its CEO Bertrand Chammas.
Washington, DC, Feb. 25, 2011 -- Gross Domestic Product in the fourth quarter grew less than initially estimated, according to the Commerce Department.
Toano, VA, Feb. 25, 2011 -- Lumber Liquidators has named William K. Schlegel as its chief merchandising officer, effective March 14.
Washington, DC, Feb. 25, 2011 -- The average rate for a 30-year fixed-rate mortgage fell below 5% this week, according to Freddie Mac.
Paris, France, Feb. 25, 2011 -- Tarkett said it has formed a partnership with the German scientific institute EPEA (Environmental Protection and Encouragement Agency) to adopt the Cradle to Cradle philosophy.
Calhoun, GA, Feb. 25, 2011 -- Laminate maker Faus Group has added two companies to its distribution network in the U.S.
New York, NY, Feb. 24, 2011 -- Unrest in the Middle East pushed oil prices to $100 per barrel Wednesday for the first time in 2 1/2 years.
Atlanta, GA, Feb. 23, 2011 -- Interface reported a fourth quarter net loss of $13.3 million, or $0.21 per share, largely due to unusual expenses, as sales rose nearly 15% from the previous year.
Washington, DC, Feb. 24, 2011 -- New home sales in the U.S. fell in January, almost completely negating the strong gain seen in December, the Commerce Department reported.
Washington, DC, Feb. 24, 2011 -- Initial jobless claims fell more than expected last week, the Labor Department said Thursday.