November 1, 2014
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Russell Grizzle Discusses Another Major LVT Expansion in Madison, Georgia
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
New Home Sales Tick Up in September
Washington, DC, Oct. 24, 2014 -- New-home sales rose 0.2% in September from the prior month to a seasonally adjusted annual rate of 467,000, the Commerce Department said.
NAHB Remodeling Index Hits All-Time High
Washington, DC, Oct. 24, 2014 -- The National Association of Home Builders’ Remodeling Market Index reclaimed the high-water mark of 57 in the third quarter.
Mortgage Interest Rates Lowest Since June 2013
Washington, DC, Oct. 24, 2014 -- The average 30-year fixed-rate mortgage rate fell to 3.92% this week, according to Freddie Mac‘s latest Primary Mortgage Market Survey.
Dixie Group Adds Tenth Member to Board
Chattanooga, TN, Oct. 24, 2014 -- The Dixie Group has named William F. Blue, Jr. to its board of directors to increase the size of the board from nine to 10 members.
Flexcon Sponsors Green Printing Partnership
Spencer, MA, Oct. 24, 2014 -- Flexcon, a maker of adhesive coating and laminating, said it is a platinum sponsor of the Sustainable Green Printing Partnership.
Interface Reports Lower Sales in Quarter
Atlanta, GA, Oct. 23, 2014 -- Interface Inc. reported a third-quarter net loss of $376,000 or $0.01 per share.
Leading Economic Indicators Rise in September
New York, NY, Oct. 23, 2014 -- The Conference Board's leading economic index rose 0.8% in September.
House Prices Rise in August
Washington, DC, Oct. 23, 2014 -- Home prices rose a seasonally adjusted 0.5% in August, according to the Federal Housing Finance Agency.
Valinge Wins European Patent Dispute
Viken, Sweden, Oct. 23, 2014 -- Välinge said it successfully defended a European patent from a challenge filed by Flooring Industries Limited.
Builder Pulte Reports Lower Income, Higher Sales
Atlanta, GA, Oct. 23, 2014 -- Home builder PulteGroup, Inc. reported third quarter net income of $141 million, or $0.37 per share.
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