Radici Sells PET Producer Aussapol
Gandino, Italy, July 23--Italian company Radici Group has sold Aussapol to Portugese PET producer Selenis.
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.
Pergo Reports 1st Half 2004 Results
Trelleborg, Sweden, July 23—Pergo reported its results for the first six months of 2004. Sales during the period were SEK 1,417 M ($187.9M) (1,344), an increase of 13% compared with the year-earlier period after adjustment for currency effects.
Weyerhauser's 2Q Earnings More Than Double
Federal Way, WA, July 23--Weyerhaeuser Co. reported Friday that second-quarter profit rose sharply on favorable market conditions for wool products and timberlands, as well as a robust housing market that drove real estate performance.
Leggett & Platt 2Q Up 64%
Carthage, MO, July 23--Diversifed manufacturer Leggett & Platt's second-quarter sales improved 21% to $1.28 billion from $1.05 billion, with acquisitions contributing 7% of the growth.
Carpet One Announces Winner of Triple Crown’s 2nd
Manchester, NH, July 23--Carpet One has named Cindy Miller of Floor Design Gallery in Minneapolis, MN the winner of the second leg of the Triple Crown Challenge.
Tennant 2Q EPS Up 14%
Minneapolis, MN, July 22—Floor maintenance equipment company Tennant Co. reported net earnings of $3.7 million, or $0.41 per diluted share, on net sales of $128.8 million for its second quarter.
Kronotex USA Names New CFO & Warehouse Manager
Alpharetta, GA July 22--Kronotex USA recently appointed Robert Dichiara as its new vice president, chief financial officer and Ken Wilkerson as warehouse manager. Both will reside in the Alpharetta, Ga. office.
Sherwin-Williams 2Q Earnings Up 14.8%
Cleveland, OH, July 22—Paintmaker, retailer Sherwin-Williams in its second quarter reported income increase of 14.8 percent, to $126.4 million. Diluted earnings per common share were $.87 per share compared to $.75 per share in 2003.
Residential Artificial Turf Not Making the Cut in
San Diego, July 22--Dane Lacey can't mow his new front lawn. He can only wash it with a garden hose or clean it with a leaf blower.The grass will never grow and is guaranteed against losing its zucchini-green hue, according to the San Diego Union-Trib
Rochester Flooring Buys 12 Locations
Rochester, NY, July 22 -- Rochester Flooring Resource has acquired 12 locations throughout the East Coast and the Midwest from The Invironmentalists.