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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Provisional independent valuation of Domco Tarkett announced

June 16, 2003
Domco Tarkett Inc. announced that the special committee of independent directors of Domco Tarkett authorized the disclosure of the provisional range of values of $7.50 to $8.75 per Share of the common shares of Domco Tarkett submitted on June 16, 2003.
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Mohawk consumer print ad campaign intended to showcase total flooring solutions

June 16, 2003
Mohawk Industries' new consumer print advertising features carpet, hardwood and ceramic products.
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Formica Corp. reaches agreement on new investment

June 13, 2003
Formica Corp. recently announced that it has taken an important step necessary to implement the restructuring of its balance sheet and emerge from Chapter 11.
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Brintons' new dye plant in full operation

June 13, 2003
Brintons U.S.Axminster's new Greenville, Miss., package dye plant has replaced the skein and stock dyeing processes that served the company well for many years in the production of woven Axminster carpet and rugs.
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CSI, NIBS and AIA sign new agreement

June 13, 2003
CSI, NIBS and AIA signed a new agreement for publication and distribution of the U.S. National CAD Standard (NCS).
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Retail sales up in May

June 12, 2003
The Commerce Department reported that retail sales went up 0.1 percent last month to $308.78 billion, after a 0.3 percent drop in April.
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Jobless claims down in latest week

June 12, 2003
Claim for unemployment benefits fell in the latest week, the Labor Department announced recently.
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AIC tenders DuPont Canada shares

June 11, 2003
DuPont announced that AIC Limited has advised DuPont that it has tendered 10,685,336 common shares, representing approximately 16 percent of the minority interest, to DCI Acquisition Inc.'s increased offer of Cdn. $21.75 per common share for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates.
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Warmup PLC brings undertile heating system to the United States

June 11, 2003
Warmup PLC, leader in undertile heating in the UK, has brought its undertile heating system to the United States.
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Lowe's adds Mohawk to portfolio of brands

June 11, 2003
Lowe's recently announced the addition of three new brands to its portfolio, including flooring manufacturer Mohawk.
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