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.
Mooresville, NC, May 18, 2017—Lowe's Companies announced it has entered into a definitive agreement to acquire Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations products to the multifamily housing industry, for a total transaction value of $512 million.
Washington, DC, May 18, 2017—Mortgage applications decreased 4.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 12.
Johnson City, TN, May 18, 2017—Mullican Flooring has expanded its American-made solid product line with two new collections.
Dalton, GA, May 16, 2017—J+J Flooring Group is introducing two new luxury vinyl tile (LVT) collections, available immediately.
Atlanta, GA, May 16, 2017—The Home Depot reported sales of $23.9 billion for Q1 2017, a 4.9% increase from Q1 2016’s $22.8 billion.
Washington, DC, May 17, 2017—The March ASID IDBI score is 62.8, an increase over December’s value of 52.9, according to the American Society of Interior Designers Q1 Interior Design Billings Index.
Lake Zurich, IL, May 16, 2017—WarmlyYours Radiant Heating released its “2017 First Quarter Industry Report” earlier this week, which reported that the first quarter of 2017 showed a 5.3% increase in total consolidated sales of WarmlyYours products and a 5.2% increase in electric floor heating, the company’s flagship product line.
Washington, DC, May 17, 2017—Siena is pleased to welcome Richard Evans to its executive management team.
Dalton, GA, May 16, 2017—Carpet and Rug Institute (CRI) has announced its intention to fund its Voluntary Product Stewardship Program through 2018 in the amount of $4 million.
Washington, DC, May 16, 2017— Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,172,000, the U.S. Census Bureau has announced. This is 2.6% below the revised March estimate of 1,203,000, but is 0.7% above the April 2016 rate of 1,164,000.