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.
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.
EU Approves Dystar Sale to Platinum
Brussels, Belgium, July 22--U.S. investor Platinum Equity won European Commission permission on Wednesday to purchase textile-dye firm DyStar from chemical firms Bayer BASF and Aventis' unit Hoechst.
Leading Indicators Fall Slighty
New York, July 23--The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index held steady in June.
Homebuider Ryland 2Q Earnings Up 41.6%
Calabasas, CA, July 23--Homebuilder Ryland Group Inc. reported second quarter earnings were up 41.6 percent on higher home orders and margins.
Sears Earnings Below Expectations
Hoffman Estates, IL, July 22—Sears reported quarterly profit that was well below Wall Street expectations because of poor spring clothing sales, and forecast weaker-than-expected full-year results.
Home Depot Names Two New Board Members
Atlanta, GA, July 22--Home Depot announced the appointment of Lawrence "Larry" R. Johnston, chairman of the board, CEO and president of Albertson's, Inc., and Laban "Labe" P. Jackson Jr., chairman and CEO of Clear Creek Properties, Inc., to its board
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