Halstead Cuts Ribbon on New Rincon, GA Distribution Center
Rincon, GA, January 30, 2018—Calhoun, Georgia-based Halstead International celebrated the grand opening of its new national distribution center in Rincon, Georgia.
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.
Shaw Joins Blockchain in Transport Alliance
Dalton, GA, February 9, 2018—Shaw Industries has joined the Blockchain in Transport Alliance (BITA).
Mohawk Year-End Revenue Up 5% and Earnings Up 8%
Calhoun, GA, February 9, 2018—Mohawk has released its year-end results for fiscal year 2017. Sales for the year were $9.5 billion, and net earnings were $972 million.
Nonresidential Construction Spending to Increase by 4% in 2018
Washington, DC, February 9, 2018—Despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings is projected to increase 4% this year and continue at that pace of growth through 2019, according to the American Institute of Architects (AIA) semi-annual Consensus Construction Forecast.
Chinese Plywood Firms File Appeal On Antidumping Duties
Washington, DC, February 9, 2018—As expected, Chinese plywood producers, exporters and domestic importers have filed appeals at the U.S. Court of International Trade relating to antidumping duties levied against them, according to the Hardwood, Plywood & Veneer Association (HPVA).
Performance of Flooring Stocks in Recent NYSE Shake Up
Chattanooga, TN, February 8, 2018—The recent shake up in the stock market has impacted publicly traded flooring firms to varying degrees.
Housing Affordability Remained Flat Through 2017
Washington, DC, February 8, 2018—Data for all four quarters of 2017 show housing affordability remaining essentially flat throughout the year, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
American OEM Presents Herregan with American Spirit Award
Burns, TN, February 8, 2018—American OEM Wood Floors (American OEM) awarded Herregan Distributors out of Eagan, Minnesota the 2017 American Spirit Award, which represents the company’s top-selling distributor from the previous year.
Gerflor to Acquire DLW's Linoleum Business
Paris, FR, February 6, 2018—On February 6, Gerflor entered into a binding agreement to acquire DLW’s linoleum activities.
Housing Market Made Modest Gains in Q4 as Permits Slipped
Washington, DC, February 7, 2018—Overall housing and economic activity in metro markets across the nation remained on a gradual, upward trend in the fourth quarter of 2017 even as permit activity remained a stubbornly lagging indicator, according to the National Association of Home Builders/First American Leading Markets Index (LMI).