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.
Cambridge, MA and Washington, DC, December 14, 2017—A decade of unprecedented growth in the rental housing market may be coming to an end, according to the 2017 America’s Rental Housing report, released by the Joint Center for Housing Studies of Harvard University.
Washington, DC, December 14, 2017—The Federal Reserve announced that it will raise the benchmark interest rate from its current 1.25% to 1.5% this year.
Toano, VA, December 14, 2017—Lumber Liquidators has announced the appointment of Famous P. Rhodes as a Class I director effective December 7.
Dalton, GA, December 13, 2017—The World Floor Covering Association has named Jeffrey S. Lorberbaum, chairman and chief executive officer of Mohawk Industries, to the organization’s Hall of Fame.
Elmsford, NY, December 13, 2017—RD Weis Companies has announced the hiring of Michael Callaghan as president of its national accounts division, CTS Flooring Group, effective December 4, and Charles Doherty was brought in to head its new sports division, Professional Athletic Sports Surfaces (PASS).
San Diego, CA, December 13, 2017—Cali Bamboo has named Doug Jackson president.
Washington, DC, December 13, 2017—The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
Maastricht, Netherlands, December 13, 2017—Mosa, a Dutch porcelain tile manufacturer, has been awarded the Cradle-to-Cradle Challenge Award in Gold by the Environmental Protection Encouragement Agency.
Dalton, GA, December 12, 2017—Shaw Industries will invest $184 million in its Andalusia, Alabama manufacturing facility, which creates fiber used to manufacture carpet.
Calhoun, GA, December 12, 2017—After multiple meetings and considerable industry consultation, the MFA board of directors, with unanimous agreement, has aligned on two category names to describe rigid products in the multilayer vinyl flooring category.