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.
Red Bank, NJ, March 2--Hovnanian Enterprises Inc. acquired privately held homebuilder Town & Country Homes Inc. for an undisclosed price in a deal expected to boost 2005 earnings by 5 cents per share.
Lancaster, PA, March 2-- Armstrong World Industries, according to the Lancaster New Era, still will have to do business with one hand tied behind its back.
Houston, TX, March 2, 2005—-Research from Industrialinfo.com indicates that Mannington Floors Inc., a business unit of privately-held Mannington Mills Inc.(Salem, N.J.), is increasing its hardwood flooring manufacturing capacity.
New York, NY, March 2--Layoffs jumped 17 percent in February to 108,387, boosted by increased merger and acquisition activity, according to international outplacement firm Challenger Gray & Christmas.
Frankenthal, Germany, March 2—-Tarkett AG, the German flooring manufacturer, looks likely to be delisted from the German stock exchange according to the Financial Times.
Nanxun, China, March 1--China's voracious appetite for timber is threatening exotic forests as far away as Brazil, West Africa, Indonesia and Russia's Far East.
Tempe, AZ, March 1--Economic activity in the manufacturing sector grew in February for the 21st consecutive month, while the overall economy grew for the 40th consecutive month.
Manchester, NH, March 1--Last February, Carpet One unveiled its comprehensive new store planning program, "Destination: Carpet One," designed to help its members create attractive, comfortable and functional retail environments.
New York, NY, March 1--Americans are growing increasingly unhappy with their jobs, The Conference Board reports today.
Red Bank, NJ, March 1--Hovnanian Enterprises has acquired the assets of Cambridge Homes, a privately held Orlando homebuilder.