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.
Houston, TX, November 1, 2006--In its ongoing quest to secure coverage in the country’s top multi-family markets, MultiFamily Solutions Member Redi Carpet, Houston, TX, recently acquired Virginia Beach, Virginia-based Young's Flooring.
Jackson, TN, November 1, 2006--Dal-Tile Corporation has sent notice to local government officials that it will permanently close its Jackson manufacturing facility around Dec. 27.
Kennesaw, GA, October 30, 2006--Invista has reached a definitive agreement with Honeywell to purchase, via a wholly foreign-owned enterprise in the Peoples Republic of China, the assets of Honeywell’s nylon 6 bulked continuous filament (BCF) business in
Washington, DC, October 27, 2006--Economic growth slowed sharply in the third quarter, increasing at a real seasonally adjusted annual rate of 1.6% after a 2.6% increase in the second quarter, the Commerce Department said Friday.
Washington, DC, October 27, 2006--Consumer sentiment strengthened slightly in late October, according to media reports Friday of proprietary research from the University of Michigan.
October 23, 2006, New York, NY--Kohlberg Kravis Roberts & Co. (« KKR ») today has signed a definitive partnership agreement with the Deconinck Family (the “Family”) by acquiring 50% of the share capital of SIF (Société d’Investissement Familiale).
Boca Raton, FL, October 24, 2006--Q.E.P. Co. today announced financial results for its fiscal 2007 second quarter and six months ended August 31, 2006.
Barnwell, SC, October 20, 2006--Formica Flooring has entered into an agreement with Darant Distributing Company of Denver, CO in which Darant will handle distribution of laminate flooring in Colorado and neighboring states.
Washington, DC, October 19, 2006--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index remained unchanged and the lagging index increased 0.2 percent in September.
Linwood, PA, October 16, 2006--Foamex International said it has received a commitment for a new equity investment.