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.

Honeywell Set to Roll Out Initiatives at Surfaces

Dalton, GA December 20--Honeywell Nylon will be unveiling a number of new business initiatives at Surfaces.

Leading Indicators Up 0.2% in November

New York, NY, December 20--The Conference Board announced today that the U.S. leading index increased 0.2 percent, the coincident index increased 0.1 percent and the lagging index decreased 0.1 percent in November.

CPI Up 0.2% in November

Washington, DC, December 17--The consumer price index rose 0.2 percent in November after rising 0.6 percent in October, the Labor Department said Friday.

Steelcase Swings to Profit in 3Q

Grand Rapids, MI. December 17--Steelcase Inc. said Friday it swung to a profit in the third quarter on an almost 10 percent increase in revenue.

Jordan Kane Acquires RJ Flooring

New York, NY, December 17--Jordan Kane Floors announced that it has acquired RJ Flooring Systems. RJ Flooring is a full-service supplier and installer of commercial flooring in the New York and New Jersey area.

CVC Capital to Make Forbo Bid in January at the Ea

Zurich, Switzerland, December 17--UK investment group CVC Capital Partners will not launch an official takeover offer for Swiss flooring materials group Forbo Holding AG before January 2005, Swiss finance magazine Cash said, citing CVC director Heinz Hass

Update – Action on Armstrong’s Reorganization Plan

Lancaster, PA, December 17—A hearing was held earlier this week in U.S. District Court for the District of Delaware, to considered objections to Armstrong Holding's plan of reorganization in the company's Chapter 11 Bankruptcy proceedings.

Report: 2004 Italian Ceramic Tile Production Flat

Sassuolo, Italy, December 17-- Based on data presented at the convention of the Tile Association (Assopiastrelle), Italian production of ceramics and tiles stagnated in 2004, according to AGI Online.

Tom Duffy Co. Named Kährs Distributor

Fairfield, CA, December 16--Tom Duffy Company, a division of B.R. Funsten & Co., will distribute Kährs Hardwood Flooring to Northern California and Northern Nevada.

U.S. Xpress Enterprises Completes Stock Offering

Chattanooga, TN, December 16--U.S. Xpress Enterprises, parent of Xpress Global Systems, a provider of transportation, warehousing, and distribution services to the floorcovering industry, completed the public offering of 4 million shares.