May 23, 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.
Homebuilders Expect Sharp Rise in Demand This Spring
Washington, DC, March 23, 2015—U.S. homebuilders are gearing up for a sharp rise in demand this spring as Americans become more confident about keeping their jobs and are encouraged by easing access to credit, reports Reuters.
Longust To Distribute Novalis
Toronto, Canada, March 23, 2015—Hard surface distributor Longust Distributing, Inc. is now a distributor for Novalis Innovative Flooring.
Innovations4Flooring Receives U.S. Patent for 3L TripleLock
Willemstad, Curacao, March 23, 2015—Innovations4Flooring has announced that its 3L TripleLock innovation has received an additional grant from the United States Patent and Trademark Office.
Unilin Pens Licensing Agreement for Compressed Wood Technology
Dallas, Texas, March 23, 2015—Unilin's IP business unit entered into a cooperation agreement with Guangzhou Australian Eucalyptus Timber Flooring to be the exclusive licensing agent of the company's patented compressed wood technology.
Loan Sizes Outpace Home Prices Says MBA
New York, NY, March 23, 2015— The increase in average loan sizes for purchase mortgage applications has outpaced the recovery in house prices, according to the Mortgage Banker’s Association.
USFloors and Chinafloors Form Licensing Agreement
Dalton, GA, March 23, 2015—USFloors and Chinafloors have entered into a non-exclusive licensing and marketing deal in connection with Chinafloors’ introduction of its Novo Core line.
Eubanks Named AFA Marketing Director
Dalton, GA, March 23, 2015—Teiya Eubanks has been named marketing director of the American Floorcovering Alliance.
Leading Indicators Increased in February
New York, NY, March 20, 2015—The Conference Board Leading Economic Index for the U.S. increased 0.2% in February to 121.4, following a 0.2% increase in January, and a 0.4% increase in December.
Americans Borrowing for Home Improvement
New York, NY, March 20, 2015—More Americans are making home improvements and taking out loans to do it, reports MarketWatch.
Mohawk Names Lee Blair SVP Global Sales & Business Development
Calhoun, GA, March 20, 2015—Mohawk Group has promoted Lee Blair to serve as senior vice president of global sales and business development.
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