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.
Frankfurt, Germany, Mar. 19—BASF’s fourth quarter net profit was 199 million euros ($211 million) in contrast to a loss of 469 million euros in the same period a year ago. Sales grew to 8 billion euros ($8.6 billion) in the fourth quarter from 7.7 billio
Forest, VA, Mar. 18—Hardwood flooring manufacturer Gammapar will acquire PermaGrain Products, which filed for bankruptcy in December. PermaGrain was one of Gammapar’s major competitors in the manufacture of acrylic impregnated wood flooring
Mercerville, NJ, Ma. 18--Congoleum is seeking bondholders' approval of certain amendments to the indenture governing its 8 5/8% senior notes due in 2008 as part of its strategy to resolve its asbestos liabilities.
Washington, DC, Mar. 17—Fears of a possible war in Iraq, weakness in the national economy and job market, and worse than normal weather conditions took a toll on home builders' confidence in early March, according to the National Association of Home B
New York, Mar. 25--Consumer confidence declined for a fourth consecutive month in March, dragged down by worries about the economy and tensions in Iraq, a private research group said Tuesday.
Mississauga, Ontario and Wilmington, DE, Mar. 19--DuPont plans to make an offer to acquire all of the class A common shares, Series 1 of DuPont Canada not owned by DuPont or its affiliates at a price of C$21.00 per common share in cash, or approximately C
Eglisau, Switzerland, Mar. 25--The business year 2002 was characterized by continued difficult economic conditions and the acquisition of the Swift activities. The targeted expansion of the Adhesives Business had positive effects in all respects.
Washington, DC, Mar. 21--Consumer prices jumped 0.6% in February, the largest rise in two years. The prices of gasoline and other energy products soared as the U.S. headed into a war with Iraq.
Washington, DC, Mar. 18--The number of new housing projects builders broke ground on in February dropped 11%, the sharpest decline in nearly a decade, as bad weather and an uncertain economic climate took its toll on the residential construction market.
Washington, D.C., March 27--The economy grew at a mediocre 1.4 percent annual rate in the final quarter of 2002, and many economists think it won't do much better - and perhaps worse - in the current quarter.