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Home » Topics » Breaking Flooring News

Breaking Flooring News
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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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Misco patriarch Courtney Gould dies at 85

March 23, 2001
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Courtney A. Gould, chairman of the Misco Shawnee distributorship, died in his sleep from a cerebral hemorrhage at Eisenhower Memorial Hospital in Rancho Mirage, Calif. on March 22. He was 85.
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U.S. homebuilding market healthy despite economy

March 21, 2001
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Despite clear indications that the U.S. economy has weakened, the nation’s conventional housing market is expected to remain relatively healthy in the coming year, according a new Standard & Poor's report "U.S. Homebuilders' Outlook for Credit Quality."
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Bostik Findley acquires Dap's Durabond product line

March 19, 2001
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The Bostik Findley Flooring Group has acquired DAP Inc.'s Durabond family of flooring installation products, as well as three of the business' related manufacturing and distribution facilities located in Paulsboro, N.J.; Conyers, Ga.; and Orange County, Calif.
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February housing starts fall less than expected

March 19, 2001
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U.S. builders started work on more new housing than expected in February as construction of apartments, condominiums and townhouses increased, the U.S. Commerce Department said.
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DuPont CEO predicts divestitures in 2001

March 19, 2001
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Chemical manufacturer DuPont Co. is considering divesting some of its businesses, according to company CEO Charles Holliday.
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Ege Seramik reports earnings

March 19, 2001
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Ege Seramik Sanayi Ve Ticaret A.S., said it earned 529.19 billion Turkish lira or 86.47 Turkish lira a share, for the year ended Dec. 31, 2000, compared with a loss of 3.07 trillion Turkish lira or 502.07 Turkish lira a share, in the same period a year earlier.
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Housing market index rises two points in March

March 15, 2001
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Favorable mortgage interest rates have helped boost home builders' assessments of current home sales, as well as their sales expectations for the next six months, according to the National Association of Home Builders' newly released Housing Market Index (HMI).
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Fierce competition, acquisition costs take toll on Domco Tarkett’s fiscal year results

March 15, 2001
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Domco Tarkett Inc. has released consolidated financial results that show a mixed sales and earnings performance for the fiscal year ended Dec. 31, 2000.
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