Rubicon Group Takes Stake in Tile Town
St. Louis, MO, March 14--According to the St. Louis Business Journal, The Rubicon Group acquired the majority ownership stake in Tile Town last month for about $350,000.
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.
UK's Floors-2-Go to Open New Distribution Cent
Birmingham, England, March 14—-The Birmingham Post & Mail reported that Floors-2Go, Britain's biggest laminate and hardwood flooring specialist, is opening a new national distribution center in the Midlands.
ASID Announces 2004 Design Award Honorees
Washington, D.C., March 14--The American Society of Interior Designers (ASID) is pleased to announce its 2004 design award honorees.
Hunter Douglas Acquires Paris Texas Hardware
Upper Saddle River, NJ, March 14--Hunter Douglas, a world market leader in custom window coverings, acquired Paris Texas Hardware, a manufacturer and marketer of branded decorative drapery hardware products.
Bonakemi Completes Capital Improvements
Aurora, CO, March 14--BonaKemi USA, a leader in hardwood floor finishing and floor care, recently announced the completion of $1.7 million in capital improvements to its Pueblo, Colorado plant.
PNC Bank Leads Green Approach to Retail Business
Pittsburg, PA, March 14--Creating a bank that is both friendly to customers as well as the environment is no small feat.
Forbo Says 2004 EBIT Reduced by Special Charges
Eglisau, Switzerland, March 11--- AFB Investment S.A., a company controlled by CVC Capital Partners, has published its tender offer for the shares of Forbo at an offer price of CHF 260 per share.
Greenspan Voices Concern over Deficit
New York, NY, March 11--Fed Chairman Alan Greenspan told the Council on Foreign Relations here Thursday that he was not "overly" concerned about the record U.S. trade gap and heavy consumer debt loads, but the nation's budget outlook gave him pause.
Trade Gap Up 4.5% in January
Washington, DC, March 11--The trade deficit widened in January by 4.5 percent to a seasonally adjusted $58.3 billion.
Menards to Carry Fabulous Floors Magazine
Ghent, NY, March 11--Menards, the nation’s third largest home improvement store chain, has become the latest major U.S. outlet to feature Fabulous Floors magazine.