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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Strength of GDP surprises the experts

April 30, 2001
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The U.S. economy grew at a faster-than-expected 2% annual rate in the first quarter, as a rise in consumer spending outweighed drops in business investment and inventories.
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Unexpectedly strong new and existing home sales surprise experts

April 25, 2001
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Spurred by lower mortgage rates, sales of new U.S. homes rocketed to a record rate and existing U.S. homes rose to their second-highest rate on record in March, according to separate reports released by the U.S. Commerce Department and National Association of Realtors (NAR).
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Interface reports lower Q1 income

April 25, 2001
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Worldwide commercial interiors products and services provider Interface Inc. reported net income of $4.4 million, or 9 cents per diluted share, on sales of $306.5 million results for the first quarter ended April 1, 2001.
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Boe signs on as new Beaulieu Residential president

April 24, 2001
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Well-known flooring industry executive Ralph J. Boe has assumed the reins as president of the Beaulieu residential division.
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EmilAmerica opens new North American HQ

April 24, 2001
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EmilAmerica Inc., the wholly owned subsidiary of Italian ceramic tile manufacturer EmilCeramica SpA, has opened a new 20,000-square foot North American headquarters and distribution center in Alexandria, Va.
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Domco extends spiff promotion

April 24, 2001
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Domco has extended its popular spiff promotion on the company’s Natural Wonders Collection of resilient flooring through June 30.
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Harris-Tarkett acquires Virginia facility

April 23, 2001
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Harris-Tarkett Inc., the hardwood flooring subsidiary of Domco Tarkett Inc., has acquired the former Burruss facility in Brookneal, Va. for $3.5 million.
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Eyeing a bigger slice of the U.S. market, Interceramic logs record Q1 results

April 19, 2001
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Building upon the momentum established in preceding quarters, Interceramic posted record sales, operating income and EBITD in the first quarter of 2001.
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Q.E.P. reports Q4 decline, flat full-year performance

April 18, 2001
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Q.E.P. Co. reported a decline its net sales and income for the fiscal 2001 fourth quarter and flat performance for the full year ended Feb. 28, 2001.
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Dossche resigns from Beaulieu

April 17, 2001
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Piet Dossche, president of Beaulieu Residential, has resigned from the company. Beaulieu is expected to name his replacement this week.
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