Mohawk's Acquisition of Godfrey Hirst Delayed to Q3
St. Louis, MO, May 30, 2018—Analyst Stifel reports that Mohawk’s acquisition of Godfrey Hirst, slated for the end of May, will be delayed.
Today's Flooring News
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.
Forbo Announces Freight & Delivery Charge
Hazleton, PA, May 30, 2018—Forbo Flooring Systems will be implementing a 1.2% freight and delivery charge on all U.S. and Canada material orders, effective July 1.
Upper Midscale-Upscale Hotel Construction Pipelines Most Active
Portsmouth, NH, May 30, 2018—The upper midscale and upscale pipelines together comprise 72% of all projects in the total pipeline, according to analysts at Lodging Econometrics (LE).
Q1 2018 GDP Revised Down Slightly
Washington, DC, May 30, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.2% in the first quarter of 2018, according to the second estimate released by the Bureau of Economic Analysis.
Mannington Donates Flooring to Habitat for Humanity
Salem, NJ, May 30, 2018—Mannington has a partnership with Habitat for Humanity in which it donates flooring used for trade show booths and other marketing functions to the organization.
Private Sector Employment Rose by 178,000 in May
Roseland, NJ, May 30, 2018—Private sector employment increased by 178,000 jobs from April to May, according to the May ADP National Employment Report.
LL Names Charles Tyson Chief Customer Experience Officer
Toano, VA, May 30, 2018—Lumber Liquidators has appointed Charles Tyson as chief customer experience officer.
Install & Roppe Partnering for Live Demos at NeoCon
Glassboro, NJ, May 29, 2018—At NeoCon 2018, Install and Roppe will emphasize the value of certified installation through live, daily flooring demonstrations.
Home Prices Rose 6.5% in March YOY
New York, NY, May 29, 2018—Home prices rose 6.5% YOY in March, the same as the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Shaw Completes Combined Heat & Power Plant in South Carolina
Dalton, GA and Columbia, SC, May 29, 2018—Shaw completed the construction of a cogeneration Combined Heat & Power (CHP) plant at its Columbia, South Carolina fiber production facility.