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.
Troy, MI, December 20--A joint venture of Steelcase Inc. and two other companies - including a New Jersey firm - is selling prebuilt office buildings, research labs and warehouses to businesses nationwide.
Linwood, PA, December 20--Foamex International has named John C. Culver to the company's board of directors, effective immediately.
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.
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.
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.
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
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.
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.
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.
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.