Dal-Tile to Close Tennessee Plant
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.
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.
Redi Carpet Acquires Young’s Flooring
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.
Invista to Acquire Honeywell's Nylon 6 Busines
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
3Q GDP Grows at 1.6% Rate
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.
Consumer Seniment Improves in Late October
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.
Q.E.P. Reports 2Q Loss
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.
Kohlberg Kravis Roberts Signs Agreement to Acquire
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).
Darant to Distribute Formica Flooring
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.
Leading Indicators Edge Up 0.1%
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.
Q.E.P. to Delay Announcing 2Q Results
Boca Raton, FL, October 16, 2006--Q.E.P. Co. announced that it will delay reporting its financial results for the fiscal 2007 second-quarter and its investor conference call.