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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Interceramic posts first quarter results

April 17, 2003
Under the influence of the general global economic downturn, lower pricing pressures and a major slip in the value of the peso -- resulting in a 20 percent devaluation from March 2002 to March 2003 -- the first quarter of 2003 saw Internacional de Ceramica S.A. de C.V. (Interceramic) focusing efforts on maintaining product sales levels and improving operating results.
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Bostik Findley appoints newest territory sales manager

April 16, 2003
The Bostik Findley Flooring Group has appointed Donna Lea Grady to territory sales manager for Bostik Hardwood Products in California, Nevada, Arizona and Hawaii.
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Quick-Step donates product for Mansion in May project

April 15, 2003
Quick-Step Inc., manufacturer of Uniclic glueless laminate flooring, in partnership with Sears subsidiary "The Great Indoors," has donated 400 square feet of Perlato laminate tile, to be featured in the twelfth Mansion in May.
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DuPont in negotiations with third party on possible sale of DuPont Textiles & Interiors

April 14, 2003
DuPont recently announced that it is in negotiations with a third party regarding the possible sale of DuPont Textiles & Interiors (DTI).
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Consumer sentiment up

April 11, 2003
Consumer sentiment has shown a marked improvement in recent weeks.
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Decision on Witex stock acquisition by Pergo postponed

April 9, 2003
Pergo announced months ago that an agreement had been signed whereby Pergo would acquire all HW Industries GmbH & Co. KG's shares in Witex Ag through a directed share issue of 20 percent in Pergo and a cash consideration of 6 MEUR.
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Burlington continues progress in emergence process

April 8, 2003
Burlington Industries Inc. reports that it is continuing its progress towards emerging from Chapter 11 reorganization this summer.
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May and June events slated for upcoming WSFCA meetings

April 7, 2003
On May 13, the Washington State Floor Covering Association (WSFCA) will present Sam Allman, an internationally recognized motivational speaker, consultant, author and National Floor Trends columnist.
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February construction spending down 0.2%

April 1, 2003
The U.S. Commerce Department reports that spending on new construction dipped 0.2 percent in February, pulled down by a sharp drop in government outlays for big public works projects. The February figure marked the first monthly drop since August 2002.
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Congoleum reaches asbestos claims agreement, posts financial results for 2002

April 1, 2003
Congoleum Corp. said it has reached an agreement in principle with attorneys representing more than 75 percent of the known present claimants with asbestos claims pending against Congoleum.
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