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