May 20, 2013
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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.
Number of Jobs Rises, Unemployment Rate Falls
Washington, DC, May 3, 2013 -- Employers created 165,000 jobs in April and the unemployment rate fell to 7.5% from 7.6%, according to the Labor Department.
Mohawk Completes Spano Acquisition
Calhoun, GA, May 3, 2013 -- Mohawk Industries said it has completed the acquisition of Spano Group, a Belgian panel board manufacturer.
Mohawk Earnings, Sales Rise in Quarter
Calhoun, GA, May 3, 2013 -- Mohawk Industries reported first quarter net earnings of $50 million and earnings per share of $0.72, up from $41 million a year ago.
Floor Styles Joins Fuse Alliance
Aurora, CO, May 3, 2013 -- The Fuse Alliance said that Floor Styles of Midvale, Utah is its newest member.
Services Sector Expands at Slower Pace in April
Washington, DC, May 3, 2013 -- The services sector of the economy expanded at a slower pace in April than March, according to the Institute for Supply Management.
Summit Industrial Expanding into South Carolina
Dayton, OH, May 3, 2013 -- Industrial floor finishing firm Summit Industrial Flooring is moving its headquarters and expanding its operations into Charleston, S.C.
Tile Shop Holdings Reports Higher Sales
Minneapolis, MN, May 3, 2013 -- Tile Shop Holdings reported a net loss of $44.7 million in the first quarter, compared to net income a year ago of $10.1 million.
Factory Orders Decline More Than Expected
Washington, DC, May 3, 2013 -- Factory orders fell 4% in March, the Commerce Department reported Friday.
Imola Wins Coverings Best Booth
Atlanta, GA, May 3, 2013 -- Cooperativa Ceramica d’Imola won Coverings 2013 Best in Show for its booth design presented by Confindustria Ceramica of Italy.
Construction Spending Falls in March, Up from 2012
Washington, DC, May 2, 2012 -- Construction spending fell in March from February but was still higher than a year ago, according to the Commerce Department.
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