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Q.E.P. Co., Inc. reports developments in its flooring installation products business, including specialty installation tools, adhesives and underlayment sold through home improvement retailers and professional specialty distribution outlets. The company markets products under brands that include QEP, LASH, ROBERTS, Capitol, Premix-Marbletite, Brutus and Homelux.
Recurring news includes quarterly and annual financial results, cash dividends, share repurchases, capital spending and updates tied to manufacturing capacity, including ROBERTS adhesive production. Company updates also discuss demand conditions in home improvement, operating expenses, sourcing and freight costs, and the completed portfolio actions that narrowed QEP's focus around its core North American business.
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Q.E.P. Co., Inc. (OTCQX: QEPC) has appointed Robert Costello as an independent, non-executive director. Costello brings over 30 years of corporate legal and business development experience, including roles in multinational companies and private firms. His expertise includes domestic and cross-border mergers and acquisitions, as well as operational roles in various industrial sectors. Lewis Gould, Executive Chairman, expressed enthusiasm for Costello's appointment, highlighting the valuable insights he will contribute to the board. Founded in 1979, QEP designs and distributes flooring solutions worldwide, with a comprehensive product line offered under several brand names.