April 21, 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.
Home Prices Continue To Rise in December
Washington, DC, Feb. 24, 2015 -- Single-family home prices rose 4.5% in December over the previous year, according to the S&P/Case Shiller composite index of 20 metropolitan areas.
Deadline Extended for Vision Design Awards
Chattanooga, TN, Feb 23, 2015 -- The entry deadline for the 5th annual Vision Design Awards sponsored by Floor Focus magazine has been extended to March 6.
Consumer Confidence Retreats in February
New York, NY, Feb. 24, 2015 -- Consumer confidence fell back in February to 96.4 from a 103.8 in January, the Conference Board said.
Fuse Alliance Members Boost Carpet Reclamation
Laguna Niguel, CA, Feb. 24, 2015 -- Fuse Alliance said that its commercial flooring contractor members diverted more than 6.6 million pounds of carpet waste from landfills in 2014 through the organization’s Ecollect program.
Builder Toll Brothers Reports Higher Income, Revenue
Horsham, PA, Feb. 24, 2015 -- Luxury home builder Toll Brothers reported that its first quarter net income rose to $81.3 million, or $0.44 per share, from $45.6 million, or $0.25 per share, a year earlier.
Schönox, HPS North America Sign Multi-Year Agreement
Florence, AL, Feb. 24, 2015 – Schönox GmbH and HPS North America said they have signed a multi-year operating agreement.
Recofloor Sets Recycling Record in Fifth Year
London, England, Feb. 24, 2015 -- Vinyl recycling program Recofloor said it has achieved a new collection record--500 tons of waste vinyl flooring sent back for recycling into flooring or other products in 12 months.
Armstrong To Split Into Two Separate Companies
Lancaster, PA, Feb. 23, 2015 -- Armstrong World Industries said it plans to split the company into two separate publicly-traded businesses, one focusing on flooring and the other on ceilings.
Armstrong Reports Lower Income, Sales in Q4
Lancaster, PA, Feb. 23, 2015 -- Armstrong World Industries reported fourth quarter net income of $10.6 million, a decrease of 54% from $23.4 million in net income in the fourth quarter of 2013.
Existing Home Sales Fall in January
Washington, DC, Feb. 23, 2015 -- Home resales in January fell 4.9% to an annual rate of 4.82 million units, according to the National Association of Realtors.
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