Mohawk's Q3 Sales Up 4% with Godfrey Hirst Acquisition
Calhoun, GA, October 26, 2018-Mohawk announced a Q3 2018 net sales increase of 3.8%. Net earnings for Q3 2018 were $227 million, compared to $270 million in Q3 2017.
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.
Bona Donates Gym Floor to School that Raised Money for St. Jude
Aurora, CO, October 26, 2018—Bona U.S. has announced the culmination of a charity campaign challenge to help benefit St. Jude Children’s Research Hospital through the efforts of Thomas Jefferson High School students in Denver, Colorado.
Ecore Wins Judgement Against Former Employee, Downey
Lancaster, PA, October 26, 2018-Ecore is pleased to announce that on October 12, a judge presiding over a case Ecore initiated against Defendants Pliteq, Paul Downey, and CSR, pending in the United States District Court for the Eastern District of Pennsylvania, entered summary judgment in favor of Ecore and against defendants on seven counterclaims brought by defendants and one claim brought by Ecore against Downey.
Interface Reports Sales Increases in Q3 w/ Nora Acquisition
Atlanta, GA, October 25, 2018-Interface has reported a net sales increase of 24% for Q3 2018, compared to Q3 2017.
Consumer Use of Credit Cards for Home Improvement on the Rise
Palo Alto, CA, October 25, 2018—One-third of homeowners used a credit card to pay for home renovations in 2017, according to a study released by Houzz, Inc., in collaboration with Synchrony, on the role of credit cards in home improvement financing.
September Pending Home Sales Rose 0.5% from August
Washington, DC, October 25, 2018—Pending home sales increased 0.5% to 104.6 in September from 104.1 in August, according to the Pending Home Sales Index.
Orders for Manufactured Goods Rose 0.8% in September
Washington, DC, October 25, 2018—New orders for manufactured durable goods in September increased $2.0 billion or 0.8% to $262.1 billion, the U.S. Census Bureau announced.
TenCate Grass Acquires Geo-Surfaces
Dayton, TN, October 25, 2018—Tennessee-based, TenCate Grass has acquired a controlling interest in Geo-Surfaces, which designs, constructs and installs sports surfaces, reports the Chattanooga Times Free Press.
Interface Opens New Atlanta Headquarters
Atlanta, GA, October 25, 2018—Interface officially opened its new global headquarters in Midtown Atlanta.
Milliken Raising Prices on Commercial Soft Surface Products
Spartanburg, SC, October 25, 2018—Milliken has announced it will initiate a 5% to 7% price increase for its commercial soft surface flooring to take effect December 3.