AFFC Holdings Inc., a newly formed company sponsored by an investor group composed of The Sterling Group L.P., Genstar Capital L.P. and Laminar Direct Capital L.P., has reached an agreement to acquire BP's Amoco Fabrics and Fibers subsidiary and its associated assets. As with other Sterling, Genstar and Laminar Direct Capital investments, management of the purchased company will also be participating significantly in the ownership of the newly independent organization.
The new Mohawk Power Sweep promotion, which runs through Nov. 4, offers new ways for retail salespeople to earn points in the company's ongoing Rewards Plus program.
Carpet One has launched a fight against breast cancer fundraising campaign, "Carpet One Welcomes Your Support," which kicks off this month as part of National Breast Cancer Awareness Month.
The Chicago Floorcovering Association (CFA) will present its annual State of the Industry address on Oct. 30. The program will feature a panel of industry luminaries in a discussion of the carpet, wood and ceramic tile product segments.
Domco will increase prices from 2 to 4 percent on its resilient flooring products, effective Nov. 15. The move is a direct result of escalating energy costs, according to Stephan Guindon, Domco's vice president of Sales and Marketing.
FieldTurf and Tarkett Sports, major suppliers in the sports surfacing industry, have successfully completed their long-awaited merger. The talks began early this year and have resulted in the pairing of two successful entities, each with its own unique products and expertise.
Congoleum Corp. has sought Bankruptcy Court authority to retain the law firms Pillsbury Winthrop LLP of New York City and Okin, Hollander & DeLuca L.L.P. of Fort Lee, N.J., as substitute counsel in its Chapter 11 proceedings. In light of ongoing unresolved disputed litigation concerning the retention of Saul Ewing LLP as counsel, the Bankruptcy Court will be asked to allow Saul Ewing to withdraw after a transition period.
Pergo currently is offering a nationwide sales promotion designed exclusively for specialty retailers who sell Pergo Select laminate flooring. The program offers pricing and bonus incentives on pallet orders of the line.
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