UK’s Victoria Earnings Drop 21%
Kidderminster, England, June 23—-Carpet producer Victoria today said a difficult year had resulted in a 21% fall in annual profits to £3.73 million, according to the Scotsman.com.
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.
NeoCon 2005 Names Winners in Floorcovering
Chicago, IL, June 23--The Best of NeoCon winners in the floorcovering categories were announced at the show last week.
Armstrong Names Beth A. Riley Director of Investor
Lancaster, PA, June 23--Armstrong Holdings, Inc. appointed Beth A. Riley as director of Investor Relations. Riley will serve as the primary contact between Armstrong and the investment community.
Merchants Sue Banks for Alleged Price-Fixing
Minneapolis, MN. June 23--A law firm representing a group of small businesses around the country on Thursday said it has filed a lawsuit against the nation's biggest banks charging them with illegally fixing prices of credit card transaction fees.
ETF Buys Intellectual Property of HEL Systems
Nederweert, Holland, June 23-- ETF Machinefabriek, a designer and builder of machinery for the floorcovering industry, bought all the intellectual rights of HEL Systems.
Bed, Bath & Beyond 1Q Earnings Up 21%
Union, NJ, June 23--Bed, Bath & Beyond reported first quarter earnings that were up 21 percent to $98.9 million, or $0.33 per a share, verses $82 million and $0.27 per share a year ago.
Innovision Flooring Named U.S. Distributor for LG
Kenilworth, NJ, June 22--Innovision Flooring Corp. has been named the U.S. distributor for LG Floors, manufacturers of durable, multi-functional commercial vinyl flooring.
Hardwood Flooring Shipments Retain Momentum
Memphis, TN, June 22--Hardwood flooring shipments for May 2005 were reported at 59,116,000 board feet, an 11% increase over the previous month’s shipments.
Painful Wait for Feltex Workers
Wellington, New Zealand, June 22--Feilding, Foxton, Dannevirke and Kakariki, near Halcombe, could have to wait until Christmas for news on whether they will keep their jobs, according to Stuff.co.nz.
EnviroGLAS Luminescent Terrazzo Enhances Safety an
Plano, TX, June 22--Eco-conscious architects and designers looking for ways to enhance emergency safety features have a new option -- EnviroGLO Terrazzo surfaces and landscaping mulch.