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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Dixie Group's convertible debentures will no longer trade on Nasdaq

December 6, 2000
The Dixie Group Inc. has been notified by Nasdaq that Dixie's 7% convertible subordinated debentures do not have at least two active market makers and therefore no longer meet the requirements for continued listing on the Nasdaq National Market.
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U.S. new home sales fall in October

December 6, 2000
Sales of new U.S. homes in October slowed slightly but remained robust, the government said in a report which surpassed Wall Street's expectations.
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3M names GE's McNerney as chairman, CEO

December 6, 2000
Minnesota Mining & Manufacturing Co. has appointed General Electric Co.'s James McNerney as chairman and chief executive, the first outsider to run the maker of Post-It Notes and 50,000 other products.
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US Construction hits second highest level on record in October

December 6, 2000
US Construction for October rises 0.9% to a $825 billion annual rate.
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Kohler Co. invests in Interceramic common stock

December 6, 2000
Kohler Co. completes its investment in Interceramic common stock
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Solutia raises prices globally on all Ascend plastics and polymers

November 30, 2000
Solutia Inc. has announced a price increase of up to 10 cents per pound ($220.00 U.S. per metric ton) for all general purpose and specialty grades of Ascend nylon 6,6 plastics and polymers, effective January 1, 2001.
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Carpet Co-Op of America acquires franchises of Flooring America, GCO and Carpet Max Canada

November 27, 2000
Carpet Co-Op of America has acquired for a purchase price was $13.25 million the franchise systems of Flooring America, GCO and Carpet Max Canada.
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Historic Floors of Oshkosh merges with Creative Edge

November 20, 2000
Winneconne, Wis.-based Historic Floors of Oshkosh has merged with Creative Edge Corp. of Fairfield, Iowa, to create a single-source U.S. manufacturer of decorative floor borders and medallions fabricated from hard-surface flooring materials. The combined forces of the two companies will operate under the Concept Flooring Group (CFG) name.
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September construction spending rises 2.4%

November 1, 2000
Spending on U.S. construction projects surged in September to their second-highest level on record as spending on nonresidential buildings such as offices and factories hit all-time highs.
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U.S. recalls 800 million window blinds on strangulation hazard

November 1, 2000
The U.S. Consumer Product Safety Commission has issued a recall to repair 800 million window blinds with inner cords that can be pulled loose and pose a strangulation hazard to small children, the agency said.
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