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Home » Topics » Breaking Flooring News

Breaking Flooring News
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James Hardie buys Cemplank plants

December 14, 2001
James Hardie Building Products has expanded its U.S. capacity to supply products through the acquisition of Cemplank's fiber-cement operations.
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Smithsonian exhibit features traditional linoleum

December 14, 2001
Nearly 1,500 square feet of custom-designed linoleum flooring is now on display at the Smithsonian's Hirshhorn Museum and Sculpture Garden.
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Fannie Mae predicts stable housing in 2002

December 14, 2001
The coming year should be as strong for housing as the current year has been, according to Fannie Mae’s chief economist.
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Illinois Tool Works seeks to divest Florida Tile

December 14, 2001
Engineering tool manufacturer Illinois Tool Works Inc. said its board of directors has approved the divestiture of its $483 million consumer products business, including its Florida Tile subsidiary.
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Mannington launches virtual decorating tool on its website

December 13, 2001
Mannington has equipped its company website with a new online Virtual Decorator tool that enables customers to select a room scene, then mix and match flooring, wall coverings, draperies, cabinets and upholstery to create a personalized decor.
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Domco Tarkett names new CFO

December 11, 2001
Domco Tarkett has appointed Jacques Benetreau to take the reins as the company’s treasurer and chief financial officer effective Jan. 1.
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Mohawk ups its Q4 earnings estimate

December 7, 2001
Mohawk Industries has increased its estimate of diluted earnings per share for the fourth quarter of 2001 from 74 cents to a range between 90 and 95 cents per share.
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Services sector rebounds

December 5, 2001
The services sector activity unexpectedly grew in November, according to the National Association of Purchasing Management (NAPM).
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Trade group expects housing market to maintain near-record pace

December 5, 2001
Existing-home sales will be close to a record this year and, with an economic upturn expected next spring, sales in 2002 will nearly match this year, according to the National Association of Realtors (NAR).
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Ardex acquires Norcros Adhesives

December 5, 2001
Floor installation products manufacturer Ardex Engineered Cements has acquired British Norcros Adhesives Ltd., thereby extending its reach into markets throughout Europe and East Asia.
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