Indiana Carpet Retailer Closing After 27 Years
Richmond, IN, December 20-- After 27 years in Fountain City and the death of its founder this fall, Newport Carpet and Appliances is closing this month, according to the Palladium-Item.
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.
Congoleum Confirmation Hearing Scheduled
Mercerville, NJ, December 20--Congoleum announced that the Bankruptcy Court has approved the disclosure statement and voting procedures for its amended plan of reorganization following a hearing last week. The Court also scheduled a confirmation hearing t
Montana Company Turns Larch into Fine Hardwood Flo
Missoula, MT, December 20--At a house under construction in the Rattlesnake Valley, Mike Wood of North Slope Sustainable Wood LLC tapped a section of unfinished larch floor with the toe of his boot, according to the Missoulian.
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.
Armstrong to Turn Over Part of its Lancaster Plant
Lancaster, PA, December 20--Franklin & Marshall College, the Economic Development Co. and Armstrong World Industries are exploring ways to revitalize the part of Armstrong's Lancaster floor plant which the company intends to vacate, according to the L
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