Floor Focus’ Frank O’Neill - The Week in the Floor Covering Industry
January 10, 2006—Floor Focus magazine publisher Frank O’Neill discusses the two acquisitions announced by Home Depot this week, that of Chem-Dry and of Hughes Supply. Relating to the Chem-Dry acquisition discussed are the possible affects on both the maintenance and the carpet sectors, the possibilities created by Home Depot’s entrée into the franchising arena and what possibilities that could hold for the remainder of the At-Home Services unit at Home Depot. Looking at the $3.2 billion acquisition of Hughes Supply discusses it the dramatic expansion of the company’s supply unit, and the potential avenues of growth for the future. Also discussed is the acquisition of SI by Propex.