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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Gum to head Misco Shawnee

December 8, 2000
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Randy Gum, vice president of sales for Midwest distributor Misco Shawnee Inc., will become the company’s president this month when Paul Murfin departs to assume the reins as new president of Bona Kemi USA.
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Dixie Group's convertible debentures will no longer trade on Nasdaq

December 6, 2000
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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
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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
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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
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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
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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
No Comments
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
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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
No Comments
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
No Comments
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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