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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Collins & Aikman announces new GM European business

January 4, 2001
No Comments
Collins & Aikman Corp. has entered into a multi-year agreement to supply floor and acoustic systems, engine acoustic products and interior components for the 2001 GM Vivaro Van, Vivaro Combi and Vivaro Bus vehicles.
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Armstrong streamlines corporate and line-of-business functions; 56 jobs eliminated

January 4, 2001
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Armstrong Holdings Inc. reported that its chief operating subsidiary, Armstrong World Industries, had eliminated 56 corporate and line-of-business staff positions as a result of streamlining the organization to more accurately reflect staffing needs for current business conditions.
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Existing home sales end year on strong note

January 2, 2001
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Existing single-family home sales rose in November on the strength of lower interest rates, according to the National Association of Realtors.
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Buffet to buy building product maker Johns Manville

January 2, 2001
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Building-products manufacturer Johns Manville, which recently called off a planned sale to an investment group, has agreed to be acquired for more than $1.9 billion by Berkshire Hathaway Inc., an investment company headed by billionaire Warren Buffett.
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James Hardie completes purchase of Western Gypsum

January 2, 2001
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James Hardie Gypsum has completed its purchase of the assets of Western Gypsum, a gypsum mining operation in Utah.
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Kamsky named to Foamex board of directors

December 22, 2000
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Foamex International Inc. announced that Virginia A. Kamsky, chairman of the board of Kamsky Associates Inc., has been elected to the Foamex board of directors.
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Analyst lowers Home Depot’s fiscal year and fourth quarter estimate

December 22, 2000
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Lehman Brothers has lowered both its fourth quarter and fiscal year earnings estimates for Home Depot Inc. due to sluggish retail sales.
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Forbo sells coated textile business to focus on linoleum, vinyl floors, adhesives and machine belts

December 22, 2000
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Forbo Holding AG, a manufacturer of linoleum flooring, said it agreed to sell its coated textile business to closely held Ferrari Group of France to focus on its main products.
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Formica Corp. establishes strategic alliance with Lowe's

December 21, 2000
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Formica Corp. has entered a strategic alliance with Lowe's Companies Inc. of Wilkesboro, N.C., the world's second largest home improvement retailer.
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American Biltrite authorizes Congoleum share purchase

December 15, 2000
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The board of directors of American Biltrite Inc. has authorized the purchase, from time-to-time, of as much as $5 million of the outstanding Class A common shares of Congoleum Corp.
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