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.
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.
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
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.
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.
Bush Focuses on Legal Reform
Washington, Dc, December 16--President George W. Bush pledged Wednesday to submit legal reform legislation to Congress that would cover asbestos and class-action lawsuits, as well as medical malpractice.
Tricycle Names Tech Team Leader
Chattanooga, TN, December 16--Matthew Butt has joined Tricycle Inc.’s headquarters office as technical team leader.
Bed Bath & Beyond Earnings Up 21% in 3Q
Union, NJ, December 16--Bed Bath & Beyond Inc. posted earnings in their third quarter that rose 21 percent on a sales increase.
Builder Confidence Remains Strong In December
Washington, DC, December 16-- The nation’s home builders are in good holiday spirits this December, maintaining the same high level of confidence as the last two months, according to the National Association of Home Builders/Wells Fargo Housing Market Ind
Homebuilder Lennar’s Earnings Up 34%
Miami, FL, December 16-- Lennar Corp., one of the nation's largest homebuilders, posted a 34 percent jump in profit for its fourth quarter as demand for new homes remained strong.
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.