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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Dal-Tile reports record Q1 results; files for secondary stock offering

April 12, 2001
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Dal-Tile International Inc. has reported record sales and profits for the first quarter of 2001.
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WFCA revamps its website

April 9, 2001
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To help consumers make intelligent decisions in selecting from the variety of floor covering options available in the marketplace, the World Floor Covering Association (WFCA) has completely revamped and re-launched the organization’s website at www.wfca.org.
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Olivie quits as head of Armstrong Floor Products

April 9, 2001
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Armstrong Holdings Inc. has announced that Marc R. Olivie, 47, president and CEO of Armstrong Floor Products, will resign from the company effective April 30.
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DuPont plans targeted reductions to improve competitiveness

April 1, 2001
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DuPont said it will further align resources consistent with the specific missions of its individual businesses. These actions will reduce the company's global employee workforce by about 4,000, or 4%. DuPont will also reduce the number of contract personnel by about 1,300 and shut down less competitive manufacturing assets.
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Dal-Tile to construct new tile plant in Oklahoma

April 1, 2001
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Dal-Tile International Inc. plans to locate its newest floor tile manufacturing facility in Muskogee, Okla.
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Armstrong sales hold steady in 2000 but profits suffer

April 1, 2001
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Beset by a year ending with weaker sales and escalating raw material and energy costs that took a toll on profitability, Armstrong Holdings Inc. has reported its financial results for the fourth quarter and full year of 2000.
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Tarkett full-year profit rose 43% on cost cuts

April 1, 2001
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Tarkett Sommer AG said profit rose 43% last year after the No. 1 maker of hardwood flooring closed some of its factories and slashed costs.
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Existing-home sales dip slightly

March 29, 2001
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Sales of existing single-family homes dipped slightly in February from the strong pace of the month prior, but remain at exceptionally high levels, according to the National Association of Realtors (NAR).
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HomeBase scales back House2Home expansion program

March 29, 2001
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HomeBase Inc. says it will modify its House2Home expansion program and now plans to have a total of 42 House2Home stores open by the end of July 2001, rather than 67 stores by the end of November 2001, as previously announced.
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Formica announces full year 2000 results

March 28, 2001
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Formica Corp. reported that the company’s net sales for 2000 increased $167.1 million, or 27.5%, to $773.7 million vs. $606.6 million for the same prior year period.
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