Approximately 60 woodworkers were in attendance as Stiles Machinery Inc. kicked off its Flooring Day 2016 event at the company’s High Point, North Carolina, showroom and finishing lab.
Lumber Liquidator's net income was down 17%, in the fourth quarter compared to 2013, amid reports that the company may face criminal charges for Lacey Act violations.
Flooring giant Mohawk Industries Inc. has entered into a definitive agreement to acquire the IVC Group for approximately $1.2 billion. The Belgium-based IVC manufactures vinyl and laminate flooring products, and has operations in Europe and the United States.
Citing "disappointing results," Armstrong World Industries said it will cease funding its DLW subsidiary as part of the exit strategy for its European flooring business.
The manufacturer of the college March Madness basketball courts and other specialty wood flooring and surfaces has been acquired. The news of Connor Sport Court International's acquisition by the global resilient flooring group Gerflor was announced Nov. 5.
Armstrong World Industries, Inc, designer and manufacturer of wood flooring and building products, reported its third-quarter 2014 results with net sales for wood flooring reaching $137.0 million
Goodfellow Inc. (TSX:GDL) announced today that Richard Goodfellow, President and Chief Executive Officer of Goodfellow Inc., has decided to retire on November 30, 2014.