Jeff Fenwick Appointed President of Tarkett North America
Paris, France, March 14, 2019-Tarkett has announced the evolution of its executive management committee, which includes the appointment of Jeff Fenwick as president.
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.
Joseph Berkowitz Named Director of Sales for SelecTech
Avon, MA, March 15, 2019—SelecTech has announced Joseph Berkowitz as its director of sales.
New Home Sales Declined 4.1% YOY in January
Washington, DC, March 14, 2019—Sales of new single-family houses in January 2019 were at a seasonally adjusted annual rate of 607,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Import Prices Rose 0.6% in February
Washington, DC, March 14, 2019—Prices for U.S. imports advanced 0.6% in February, the U.S. Bureau of Labor Statistics reported, after ticking up 0.1% in January and falling 1.4% in December.
WFCA Seeking Nominations for Hall of Fame Awards
Dalton, GA, March 11, 2019—The World Floor Covering Association (WFCA) is now accepting applications for nominations to the Floor Covering Industry Hall of Fame.
Construction Spending Rose 1.3% in January
Washington, DC, March 13, 2019—Construction spending during January 2019 was estimated at a seasonally adjusted annual rate of $1,279.6 billion, 1.3% above the revised December estimate of $1,263.1 billion, according to the U.S. Census Bureau.
Lumber Liquidators to Pay $33 Million Fine as Part of High-Formaldehyde Laminate Scandal
Toano, VA, March 13, 2019-Lumber Liquidators has agreed to pay a $33 million penalty to settle federal charges it misled investors about the safety of its laminate flooring made in China and sold to U.S. customers, according to Reuters.
Durable Goods Orders Rose 0.4% in January
Washington, DC, March 13, 2019—New orders for manufactured durable goods in January increased $0.9 billion or 0.4% to $255.3 billion, the U.S. Census Bureau announced.
Glenn Landau Named CFO of Mohawk
Calhoun, GA, March 13, 2019—Mohawk has announced the appointment of Glenn R. Landau as chief financial officer and executive vice president for the company, effective April 1, succeeding Frank H. Boykin, whose planned retirement was announced in November.
Producer Prices Inched Up 0.1% in February
Washington, DC, March 13, 2019—The Producer Price Index for final demand edged up 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.