Builder Horton Says Profit More Than Doubled
Fort Worth, TX, Jan. 29, 2013 -- Home builder D.R. Horton said its quarterly profit more than doubled amid higher closings and orders.
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.
Fitch Rates Proposed Mohawk Offering at BBB
New York, NY, Jan. 29, 2013 -- Fitch Ratings has assigned a 'BBB-' rating to Mohawk Industries' proposed offering of senior unsecured notes due 2023.
Ann Sacks Names Chappell President
Portland, OR, Jan. 29, 2013 -- Ann Sacks, a manufacturer and distributor of tile and stone, has named Ted Chappell as president – Ann Sacks.
Välinge Unveils New Digital Printing Technology
Viken, Sweden, Jan. 29, 2012 -- Välinge said it has developed a new digital printing technology that combines the advantages of the ink jet non-contact method with the advantages of dry pigment application used in laser printing.
New Carpet Standards Available for Review
Vancouver, WA, Jan. 28, 2013 -– IICRC said that the new standards for carpet installation and inspection are available for public review and comment.
Pending Home Sales Drop on Low Inventory
Washington, DC, Jan. 28, 2013 -- Pending home sales fell 4.3% in December, according to the National Association of Realtors.
Mohawk To Acquire Belgian Panel Manufacturer
Calhoun, GA, Jan. 28, 2013 -- Mohawk Industries said it will purchase Spano Invest NV, a Belgian panel board manufacturer, for $168 million in cash.
Couristan Promotes Codella to VP of Sales
Fort Lee, NJ, Jan. 28, 2013 -- Broadloom and rug firm Couristan said it has promoted Steve Codella to executive vice president of sales.
IVC Acquires Laminate Maker Trinterio
Avelgem, Belgium, Jan. 28, 2013 -- IVC , the largest Western European manufacturer of residential vinyl flooring, has reached an agreement with broadloom firm Balta Industries to acquire laminate flooring manufacturer Trinterio.
New Tile Installation Certification Developed
Jackson, MS, Jan. 28, 2013 -- Five of the largest organizations representing tile contractors, installers and manufacturers have developed a new certification program.