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Home » Topics » Breaking Flooring News

Breaking Flooring News
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828 International goes into broadloom

June 11, 2001
828 International Trading Co. is gearing up to enter the high-end residential broadloom market. To that end, the company has hired Jim Beard as vice president of broadloom operations to head up this new initiative.
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Armstrong promotes Stockwell to senior vice president, Armstrong Strategic Relations

June 11, 2001
Armstrong Holdings Inc. has promoted long-time company executive Steve Stockwell to the new post of senior vice president, Armstrong Strategic Relations.
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Armstrong taps former G.E. manager Galbato to lead Floor Products group

June 11, 2001
Armstrong Holdings Inc. has named Chan W. Galbato president and CEO of Armstrong Floor Products effective June 25. Galbato, 38, was president and CEO of ChoiceParts LLC, and earlier held leadership roles at several divisions of General Electric.
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Dancik-On-Disk acquires flooring imaging technology

June 5, 2001
Dancik-On-Disk International Ltd., a provider of software and solutions for the decorative building products industry, has acquired the rights to Actimage technology, a “visualization engine” that will bring advanced visualization capabilities to Dancik's suite of software products aimed at manufacturers, distributors and retailers of natural stone, ceramic tile, wood, laminates, and other floor and wall coverings.
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Armstrong reduces amount of its debtor-in-possession credit facility

June 4, 2001
Armstrong World Industries Inc. -- the chief operating subsidiary of Armstrong Holdings Inc., which filed for Chapter 11 reorganization last December -- has reduced the amount of its post-filing "debtor-in-possession" credit facility to $200 million from $300 million.
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Beaulieu of America awards Barbara Bush Education Prizes

June 4, 2001
Students from 25 elementary schools, located in three states where Beaulieu of America has manufacturing facilities, were awarded Barbara Bush Education Prizes at school commencement ceremonies in May and June.
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Floor Decor adds three directors

June 4, 2001
Floor Decor Inc., a south Florida big-box flooring retailer headed by former Maxim Group CEO A. J. Nassar, has appointed three new members to the company’s board of directors.
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April construction spending hits record high

June 4, 2001
U.S. construction spending posted a modest rise in April, its sixth consecutive monthly gain, to hit yet another record high on a climb in residential construction, according to a government report.
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Home Depot looks to carpet installation to drive sales growth

May 31, 2001
Home Depot Inc. will continue to boost sales and take advantage of opportunities to expand its market share -- in part, through services such as carpet installation -- President and CEO Robert Nardelli told shareholders Wednesday.
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Value of U.S. construction contracts up in April

May 31, 2001
The value of new construction contracts in the United States rose 3% in April, supported largely by increases in spending on public buildings and a small jump in contracts for new residential housing, according to F.W. Dodge, a building research division of publisher McGraw-Hill.
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