January 25, 2015
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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.
H.B. Fuller Reports Higher Revenue, Lower Profit
St. Paul, MN, Jan. 15, 2015 -- Adhesives maker H.B. Fuller Company reported fourth quarter net income of $10.8 million, or $0.21 per share, compared to net income of $21.9 million, or $0.43 per share, a year ago.
Producer Prices Decline in December
Washington, DC, Jan. 15, 2015 –- Producer prices fell by 0.3% in December, according to the Commerce Department.
NWFA To Hold Wood Manufacturers Assembly
St. Louis, MO, Jan. 15, 2015 -- The National Wood Flooring Association has announced it will hold its Wood Flooring Manufacturers Assembly, March 24-25, at the OMNI Hotel in Nashville.
Builder Lennar Sees Profits Surge in Fourth Quarter
Miami, FL, Jan. 15, 2015 -- Homebuilder Lennar Corp. reported fourth-quarter profit rose by 52% to $245.3 million, or $1.07 per share.
Mortgage Applications Spike Higher Last Week
Washington, DC, Jan. 14, 2015 -- Mortgage application volume spiked last week, according to the Mortgage Bankers Association.
Interface Names New Chief Operating Officer
Atlanta, GA, Jan. 14, 2015 -- Interface said it has hired a new chief operating officer from outside the company.
Mohawk Industries to Buy IVC Group for $1.2 Billion
Calhoun, GA, Jan. 13, 2015 -- Mohawk Industries announced today that it has reached an agreement to buy the IVC Group for $1.2 billion. The transaction is expected to be completed by the end of March.
AmericasMart Names Rug Show Winners
Atlanta, GA, Jan. 14, 2015 -- AmericasMart Atlanta named the winners of its annual America’s Magnificent Carpets Awards.
Consumer Spending Declines in December
Washington, DC, Jan. 14, 2015 -- U.S. consumer spending last month decreased a seasonally adjusted 0.9% from November, the Commerce Department said Wednesday.
Fireclay Tile Names Colando to Board
San Francisco, CA, Jan. 14, 2015 -- Greg Colando, founder of Interface's Flor division, has been named to the Fireclay Tile board.
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