Effective Sept. 13, the Dow Emulsion Polymers business is increasing the prices of all latex sold into the carpet industry by 5 cents per pound (dry) in the United States and Canada. This increase is in addition to the 5 cents-per-pound August price increase.
Dalton, Ga.-based commercial floor covering manufacturer Tandus Group Inc. has announced that it will close its broadloom carpet manufacturing plant in Santa Ana, Calif., and transfer most of those assets to its existing Truro, Nova Scotia, Canada, facility.
Q.E.P. Co. has acquired substantially all the assets of Naperville, Ill.-based Tuplex Corp., the manufacturer and distributor of the Harmony and Tuplex brands of underlayment for use under all laminate and engineered hardwood floating floors.
Congoleum Corp. has reported that sales for the three months ended June 30, 2004, were $63.0 million, compared with sales of $55.0 million reported in the second quarter of 2003, an increase of 14.5 percent. Net income for the quarter was $1.4 million versus a net loss of $2.0 million in the second quarter of 2003. Net income per share for the second quarter of 2004 was 16 cents, compared with a net loss per share of 24 cents in the year-earlier period.
Foamex International has reported mixed 2004 second quarter results. Net sales for the period were $314.1 million, down 7 percent from $337.6 million in the second quarter of 2003 due to lower volume in the Automotive segment. Gross profit in the second quarter of 2004 was $40.2 million, up 4 percent from $38.7 million in the second quarter of 2003.
Effective Aug. 2, Unilin Decor, the manufacturer of Quick-Step glueless laminate flooring, is following in its Belgium-based parent company's move to change its name to Unilin Flooring N.C., LLC.
The manufacturer of TEC brands is inviting ceramic tile/natural stone contractors and installers to attend the company's free, hands-on Contractor Nights training sessions. The sessions are offered regularly at various distributor locations throughout the United States.
Armstrong Holdings, Inc. has reported second quarter 2004 net sales of $903.5 million, a 9.3 percent increase over second quarter net sales of $826.9 million in 2003. Excluding the favorable effects of foreign exchange rates of $16.5 million, consolidated net sales increased by 7.1 percent.