News
NORTH SYDNEY, Australia – Boral Limited sells its North American Building Products business to Westlake Chemical Corp. for $2.15 billion. Assets include architectural-stone brands Eldorado Stone, Cultured Stone, Dutch Quality Stone, StoneCraft Industries and Kindred Stone.
WASHINGTON –Turkish suppliers get a reprieve from a 25% tariff on stone and tile shipped to the U.S. The action,set to oppose Turkey's digital services taxes, is delayed until after Thanksgiving.
ATLANTA – Select Interiors Concepts Inc. (SIC) sold off its Residential Design Services segment for $215 million to a subsidiary of the Blackstone investment firm. SIC also rebranded its stone distrubution and fabrication business nationwide as Architectural Surfaces,
AUSTIN, Texas – Vadara Quartz Surfaces entered exclusive distribution and sales partnerships with the EUROPEAN Granite & Marble Group and MARVA divisions of Trajus Surfaces. Vadara is a division of U.S. Surfaces.