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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Congoleum reports loss for Q4 and fiscal year

March 14, 2001
No Comments
Congoleum Corp. has reported losses for the fourth quarter and full year ended Dec. 31, 2000. These financial results include non-recurring costs associated with the previously announced termination of the company’s distribution pact with LDBrinkman, and the related startup of a new distributor, Mohawk Industries.
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Trade group sees improved outlook for U.S. housing market

March 14, 2001
No Comments
The resiliency of the housing market in a slowing U.S. economy, coupled with a sustained decline in mortgage interest rates, means housing should be stronger this year than earlier believed, according to the National Association of Realtors (NAR).
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Surfacine Development Co. granted patent for user-applied anti-microbial coating

March 13, 2001
No Comments
Surfacine Development Co. LLC has been issued U. S. Patent No. 6,180,584 for composition of matter for its dispensable anti-microbial technology. This is the first patent issued for Surfacine, for use in consumer products, that provides a residual anti-microbial effect.
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Armstrong, Owens Corning team up on basement finishing system

March 13, 2001
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Armstrong World Industries and building materials systems manufacturer Owens Corning have formed a strategic alliance that will incorporate Armstrong ceiling tiles into Owens Corning's Basement Finishing System.
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Domcor to acquire assets of HFI Hardwood

March 9, 2001
No Comments
Domcor, the distribution division of Domco Tarkett Inc. for Canada, has signed a letter of intent with Canadian hardwood flooring product distriobutor HFI Hardwood Flooring Inc. to purchase certain HFI assets.
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Dow's polyurethanes business develops low-VOC polyol process

March 7, 2001
No Comments
The Dow Chemical Co. says it has developed a new, low-volatile organic compound (VOC) copolymer polyol process.
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NAR upwardly revises January existing home sales

March 7, 2001
No Comments
The National Association of Realtors has revised U.S. January existing home sales data sharply higher, saying sales rose 3.8% in the month to a 5.13 million unit annual rate. The realtors' group originally said sales of previously owned homes fell 6.6% in January to a 4.65 million unit rate.
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Dow and Reichhold to join forces in specialty latexes; Dow to acquire Reichhold's paper and carpet latex businesses

March 7, 2001
No Comments
The Dow Chemical Co. and Reichhold Inc. plan to form a joint venture, Dow Reichhold Specialty Latex LLC, by combining the specialty latex businesses of Dow's Emulsion Polymers unit and Reichhold.
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Kolb joins Paxar board of directors

March 6, 2001
No Comments
David L. Kolb has been elected to the Paxar Corp. board of directors. Kolb, 62, is currently Mohawk Industries chairman of the board.
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Karol to succeed Work as Elcor president and CEO

March 6, 2001
No Comments
The Elcor Corp. board of directors has elected fellow director Thomas D. Karol as president and chief executive officer, to succeed Harold K. Work, effective March 26.
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