Greensboro, NC, July 28--Burlington Industries Inc. said investment firm WL Ross & Co.'s $608 million offer for the company is the best and highest bid.
Today's Flooring News
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Farnham, Quebec, July 24--Domco Tarkett Inc. announces its results for the second quarter ended June 28, 2003. It should be noted that the financial statements have been presented in U.S. dollars since January 1, 2003.
Atlanta, GA, July 23--Interface, Inc. announced results for the second quarter ended June 29, 2003.
Cleveland, OH, July 22--Sherwin-Williams Co., the No. 1 U.S. paint maker, on Tuesday said second-quarter net earnings rose only 2.4 percent as wet spring weather in certain regions dampened sales.
Greensboro, NC, July 21--Burlington Industries Inc. said in a statement issued Monday afternoon that it has received several proposals in connection with the sale process approved in bankruptcy court last May, but has not accepted any of them at this time
Calhoun, GA, July 21--Mohawk Industries, Inc. announced it has entered an agreement with W. L. Ross & Company to acquire the assets and assume certain liabilities of the carpet division of Burlington Industries, Inc. (Lees Carpet).
Morris-Township, NJ, July 17--Honeywell International on Thursday reported a 30 percent drop in second-quarter profit as its commercial aerospace business continued to slump and pension, administrative and product development costs all rose.
Calhoun, GA, July 16--Mohawk Industries, Inc. today announced diluted earnings per share (EPS) and net earnings for the second quarter of 2003 with a second quarter record EPS of $1.12 per share or $74,985,000 in net earnings.
Miami Beach, FL, July 16--Trade Show International's Skip Mason and Michael Coburn have announced a new marketing event, the PanAmerican Stone and Tile Expo. It will be held March 30 to April 1, 2004 at the Miami Beach Convention Center.
Chicago, IL, July 15--NeoCon World's Trade Fair attracted more than 41,000 registrants to The Merchandise Mart, June 16-18.