Innovations4Flooring Receives U.S. Patent for 3L TripleLock
Willemstad, Curacao, March 23, 2015—Innovations4Flooring has announced that its 3L TripleLock innovation has received an additional grant from the United States Patent and Trademark Office.
Today's Flooring News
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Unilin Pens Licensing Agreement for Compressed Wood Technology
Dallas, Texas, March 23, 2015—Unilin's IP business unit entered into a cooperation agreement with Guangzhou Australian Eucalyptus Timber Flooring to be the exclusive licensing agent of the company's patented compressed wood technology.
Loan Sizes Outpace Home Prices Says MBA
New York, NY, March 23, 2015— The increase in average loan sizes for purchase mortgage applications has outpaced the recovery in house prices, according to the Mortgage Banker’s Association.
USFloors and Chinafloors Form Licensing Agreement
Dalton, GA, March 23, 2015—USFloors and Chinafloors have entered into a non-exclusive licensing and marketing deal in connection with Chinafloors’ introduction of its Novo Core line.
Eubanks Named AFA Marketing Director
Dalton, GA, March 23, 2015—Teiya Eubanks has been named marketing director of the American Floorcovering Alliance.
Leading Indicators Increased in February
New York, NY, March 20, 2015—The Conference Board Leading Economic Index for the U.S. increased 0.2% in February to 121.4, following a 0.2% increase in January, and a 0.4% increase in December.
Americans Borrowing for Home Improvement
New York, NY, March 20, 2015—More Americans are making home improvements and taking out loans to do it, reports MarketWatch.
Mohawk Names Lee Blair SVP Global Sales & Business Development
Calhoun, GA, March 20, 2015—Mohawk Group has promoted Lee Blair to serve as senior vice president of global sales and business development.
Beaulieu America Retains NetGen Capital As Financial Advisor
Dalton, GA, March 20, 2015—Company officials announced the retention of NextGen Capital as Financial Advisor.
NAFCD Report Indicates Q1 Growth for Members
Chicago, IL, March 19, 2015—The North American Association of Floor Covering Distributors has released its Q1 2015 quarterly sales trends report, which shows that initial 2015 sales growth forecasts with NAFCD distributors indicate 6% growth.