Mohawk & Shaw Announce Price Increases
Chattanooga, TN, October 9, 2018—The first week of October, both Shaw and Mohawk announced price increases.
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.
Machinery-Maker Hasko Has New Ownership & New Leadership
Soddy-Daisy, TN, October 9, 2018-Hasko Inc., manufacturer of wood cutting machinery used in the production of hardwood flooring, has been acquired by Chicago-based Iron Range Capital, reports the Chattanooga Times Free Press.
Mortgage Delinquency Dropped to 4.1% in July
Irvine, CA, October 9, 2018-Nationally, 4.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in July 2018, representing a 0.6 percentage point decline in the overall delinquency rate compared with July 2017, when it was 4.7%, according to the CoreLogic monthly Loan Performance Insights Report.
Small Business Optimism Continued to Soar in September
Washington, DC, October 9, 2018-The NFIB Small Business Optimism Index continued its historic 23-month positive trend, with a reading of 107.9 in September, the third highest reading in the survey’s 45-year history.
Nora Gomez Named Chief Marketing Office for Nebraska Furniture
Omaha, NE, October 9, 2018—Nebraska Furniture Mart has named Nora Gomez chief merchandising officer.
Shannon Running Rebate Program to Offset Tariff Increases
Milwaukee, WI, October 9, 2018—Shannon Specialty Floors will run a rebate and price promotion through March 31, 2019 to assist its clients in recent tariff price increases and supply issues.
Ceramics of Italy Opens Tile Contest, Announces NY Film Premier
New York, NY, October 9, 2018-The Ceramics of Italy Tile Competition is now accepting entries with a deadline of February 1.
Belknap White Names Award Winners at 18th Annual Convention
Mansfield, MA, October 9, 2018—The Belknap White Group (BWG) recently hosted its 18th Annual FlooringPlus Convention in Newport, Rhode Island at the Hotel Viking, September 16 and 17.
Construction Employment Reached Decade-High in September
Arlington, VA, October 8, 2018-Construction employment increased by 23,000 jobs in September and by 315,000 jobs over the past year, reaching a ten-year high, while the industry's unemployment rate decreased more than half-a-percentage point to 4.1% from a year earlier, according to an analysis of new government data by the Associated General Contractors of America.
Nelson to Acquire Seattle-Based Craft Architects
Philadelphia, PA, October 8, 2018—Nelson, a global brand experience firm delivering architecture, interior design, graphic design, branding and consulting services, has finalized an agreement to acquire Craft Architects, a Seattle-based architecture and interior design firm.