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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Johnson Abrasives adds several new distributors

August 5, 2003
Johnson Abrasives Co. Inc. has announced several new additions to its distribution network.
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Tile, stone, flooring industries support Coverings 2004, according to National Trade Productions

August 5, 2003
The five sponsoring organizations of Coverings are in daily contact as they work together to support Coverings 2004.
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Court approves WL Ross & Co. bid for Burlington

August 4, 2003
The bankruptcy court in Greensboro, N.C., has approved an amended acquisition proposal of $614 million (subject to adjustment) from WL Ross & Co. LLC as the highest and best received from the auction conducted on July 28, 2003.
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Congoleum Corp. seeks bondholders' consent to amend indenture

August 1, 2003
Congoleum Corp. has announced that it is seeking bondholders' approval of certain amendments to the indenture governing its 8 5/8 percent senior notes due 2008.
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Seattle-Tacoma area distributors host first annual Floor-A-Palooza

August 1, 2003
Six floor covering distributors in the Seattle-Tacoma area hosted Floor-A-Palooza, a one-day sales event for retail customers, 10 a.m. to 3 p.m. July 25.
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Galbato to step down as Armstrong CEO; Lockhart to assume reins of company

July 31, 2003
Armstrong World Industries has disclosed that Chan W. Galbato, president and CEO of Armstrong Floor Products, will leave the company to pursue other opportunities.
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The Dixie Group reports second quarter results

July 30, 2003
The Dixie Group Inc. has reported net income of $1.4 million, or $0.12 per diluted share, for the second quarter ended June 28, 2003, compared with net income of $3.0 million, or $0.25 per diluted share, for the prior-year period.
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Solutia posts second quarter results

July 30, 2003
Solutia Inc. has reported a second quarter loss of $21 million, or 20 cents per share, on net sales of $611 million.
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Armstrong bows out of Surfaces

July 30, 2003
Following in the steps of Mohawk, Shaw, Congoleum and Columbia Flooring, Armstrong has decided to bow out of Surfaces 2004.
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Mohawk announces successful bid for Lees Carpet

July 30, 2003
Mohawk Industries Inc. announced that W. L. Ross & Co. and Mohawk were successful in their bid for substantially all of the assets of Burlington Industries Inc.
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