Pergo announced months ago that an agreement had been signed whereby Pergo would acquire all HW Industries GmbH & Co. KG's shares in Witex Ag through a directed share issue of 20 percent in Pergo and a cash consideration of 6 MEUR.
On May 13, the Washington State Floor Covering Association (WSFCA) will present Sam Allman, an internationally recognized motivational speaker, consultant, author and National Floor Trends columnist.
The U.S. Commerce Department reports that spending on new construction dipped 0.2 percent in February, pulled down by a sharp drop in government outlays for big public works projects. The February figure marked the first monthly drop since August 2002.
Congoleum Corp. said it has reached an agreement in principle with attorneys representing more than 75 percent of the known present claimants with asbestos claims pending against Congoleum.
The Southern California Floor Covering Association (SCFCA) will hold a follow-up meeting to its March meeting on identifying personalities by color, 6 p.m. April 8 in Anaheim, Calif.
Consumer spending was flat in February -- for the second straight month -- as war uncertainties, job worries and higher energy prices made people more tightfisted.
A gauge of U.S. consumer sentiment slid to its lowest in almost a decade in March after hopes for a quick end to war in Iraq gave way to worries of an arduous conflict and the economy showed few signs of perking up.
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