Indusparquet USA Names Jodie Doyle VP of Sales & Marketing
Medley, FL, May 17, 2019—Indusparquet USA, manufacturer of Brazilian hardwood flooring, has appointed Jodie Doyle as its new vice president of sales and marketing.
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.
Housing Starts Rose 5.7% in April
Washington, DC, May 16, 2019- Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,235,000, 5.7% above the revised March estimate of 1,168,000 but 2.5% below the April 2018 rate of 1,267,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Universal Fibers Opens Plant in Poland
Gorzów Wielkopolski, Poland, May 16, 2019—Universal Fibers celebrated the grand opening of its new plant in Europe on May 13.
ITC to Investigate Potential Glueless Vinyl Patent Violation
Chattanooga, TN, May 16, 2019-Unilin, a subsidiary of Mohawk, announced the following statement announcing that the International Trade Commission (ITC) was investigating whether certain companies had violated three Unilin-held patents related to glueless vinyl, and the CEO of one of the company’s accused, Halstead, responds to the announcement.
Shokar Buys Propex Backing Business
Vancouver, BC, March 15, 2019-Last month, the Vancouver-based family investment group Shokar acquired all controlling interests in the European operations of Propex Operating Company and renamed the company Propex Furnishing Solutions.
Shaw Announces Price Incease on Imported LVT
Dalton, GA, May 15, 2019—On May 14, Shaw announced a minimum of a 7% price increase on imported LVT.
Builder Confidence Rises to 66 in May
Washington, DC, May 15, 2019-Builder confidence in the market for newly-built single-family homes rose three points to 66 in May, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Chinese Currency Negatively Impacted by Trade War
New York, NY, May 15, 2019—The trade war is having a negative impact on China's currency, reports the Wall Street Journal.
April Retail Sales Up 3.1% YOY
Washington, DC, May 15, 2019—Advance estimates of U.S. retail and food services sales for April 2019 were $513.4 billion, a decrease of 0.2% from the previous month, but 3.1% above April 2018, according to the U.S. Census Bureau.
Industrial Production Slipped 0.5% in April
Washington, DC, May 15, 2019-Industrial production fell 0.5% in April, and the rates of change for previous months were revised down on net, according to the Federal Reserve.