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.

KKR International Flooring Will Sell Tarkett Shares

KKR International Flooring Will Sell Tarkett Shares

Paris, FR, November 7, 2016—KKR International Flooring has agreed to sell an aggregate of 6.5 million ordinary shares of Tarkett, representing 10.2% of the company’s share capital, at a price of €30.11 per share, by way of an accelerated private placement

Safeharbor & Pro Material Solutions Link Platforms

Safeharbor & Pro Material Solutions Link Platforms

Chicago, IL, November 7, 2016—Safeharbor and Pro Material Solutions have collaborated to help expedite the process of inputting product information into the Safeharbor platform saving costs and valuable time, while reducing the potential for typos and err

U.S. Trade Gap Narrowed in September

U.S. Trade Gap Narrowed in September

Washington, DC, November 4, 2016—The goods and services deficit was $36.4 billion in September, down $4.0 billion from $40.5 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Co

Mohawk Reports 25% Increase in Net Earnings YOY

Mohawk Reports 25% Increase in Net Earnings YOY

Calhoun, GA, November 4, 2016—Mohawk announced 2016 Q3 net earnings of $270 million, and diluted earnings per share (EPS) of $3.62, compared to 2015 Q3 net earnings of $215 million, and diluted EPS of $2.89. This represents a 25% increase versus prior yea

NAFCD + NBMDA Announces Record Attendance

NAFCD + NBMDA Announces Record Attendance

Chicago, IL, November 4, 2016—A record 940 participants attended this year's North American Association of Floor Covering Distributors (NAFCD) and North American Building Material Distribution Association (NBMDA).

Employment Rose by 161K Jobs in October

Employment Rose by 161K Jobs in October

Washington, DC, November 4, 2016—Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9%, the U.S. Bureau of Labor Statistics has reported.