Tarkett Commercial said it has started work on a $3.6 million overhaul of its Houston manufacturing facility that will help contain costs and increase product output. The addition of new "lean manufacturing" equipment will help make the existing production lines "even faster and more economical," the company said
Winnipeg-based franchise operator Flooring Canada has been acquired by retail giant CCA Global Partners and will operate as a fully integrated subsidiary of the company
A proposed joint acquisition by Permira Europe, Private Equity Partners and Marazzi Group SpA of ceramic tile manufacturer Marazzi Gruppo Ceramiche SpA has been cleared by the European Union Commission.
Chilly weather and holiday spirit may have gripped most of the U.S. but Shaw Industries, Inc is ready to head outdoors. The company is set to launch 25 new styles as part of the Inside Out collection of carpets designed to be suitable for use on a patio, back yard or around a pool.
After a year-long effort to trim expenses and focus on products less vulnerable to foreign competition, Summitville Tiles says it has emerged from Chapter 11 bankruptcy protection.
Stronger than expected home sales and higher median prices have caused the National Association of Realtors (NAR) to revise upward its year-end forecast.