Revenues Surge, Income Flat for Builder Lennar
Miami, FL, June 26, 2014 -- Lennar, the second-largest homebuilder, said second quarter revenues rose 28% although net income was flat.
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.
H.B. Fuller Reports Higher Sales, Lower Income
St. Paul, MN, June 26, 2014 -- H.B. Fuller Company reported net income for the second quarter of $20.5 million, or $0.40 per share, compared to net income of $25.9 million, or $0.51 per share, a year ago.
UK Firm Sellers Engineers Acquired by Southpad
London, England, June 26, 2014 -- Carpet shearing machine maker Sellers Engineers has been acquired by Southpad Ltd and sole shareholder Martin Allison has become the managing director.
NeoCon Attendance Up For 2014
Chicago, IL, June 24, 2014— NeoCon reports that nearly 50,000 industry professionals attended this year's show June 9-11 in Chicago. This number represents a 20% increase over 2013.
Daltile, Mohawk Group Open San Francisco Studio
San Francisco, CA, June 25, 2014 -- Daltile and sister company Mohawk Group have opened a design studio in San Francisco.
QEP Signs CDC Distributors for Harris Wood
Boca Raton, FL, June 25, 2014 -- QEP has signed an agreement with CDC Distributors of Cincinnati as the company’s newest flooring distributor.
Durable Goods Orders Fall in May
Washington, DC, June 25, 2014 -- Less defense spending resulted in a drop in durable goods orders in May, according to the Commerce Department.
Bolyu Gets NSF 140 Certification for Nexterra
Adairsville, GA, June 25, 2014 -- Bolyu Contract said it has achieved the platinum certification for NSF/ANSI 140 Sustainability Assessment for Carpet for all Nexterra backed carpet tile products.
GDP Contracts Sharply in First Quarter
Washington, DC, June 25, 2014 -- The economy contracted substantially in the first quarter, mostly due to the harsh winter weather, according to the Bureau of Economic Analysis.
Demand for Mortgages Falls Last Week
Washington, DC, June 25, 2014 -- Mortgage application volume fell last week as both purchase and refinancing applications declined, according to the Mortgage Bankers Association.