March 27, 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.
Existing Home Sales Rose in February
Washington, DC, March 24, 2015—Existing home sales rose 1.2% in February to a seasonally adjusted annual rate of 4.88 million, the National Association of Realtors reports.
Shaw Targets the New Digital Consumer with Website
Dalton, GA, March 24, 2015—Shaw Industries has launched a new consumer facing website, shawfloors.com, built to appeal to today’s digital consumer.
Division 9 Flooring Donates to Mission
Woodinville, WA, March 24, 2015—Specialty flooring contractor Division 9 Flooring recently donated 575 square feet of soft surface flooring to Seattle’s Union Gospel Mission.
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.
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