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.
Fairfield, Iowa, January 11, 2019—Creative Edge Master Shop, which was founded by Jim Belilove 30 years ago, has announced a transition of ownership to a chosen buyer, Weaton Capital, which will continue Belilove’s legacy and retain operations in Fairfield, Iowa.
Viken, Sweden, January 11, 2019—Välinge’s €50 million investment to build a factory for large volumes of powder-based floors with Woodura and Nadura surfaces in Viken is now up and running.
Dallas, TX, January 10, 2019—Lamosa Group has appointed Doug Turner as chief executive officer/president of Lamosa USA, effective immediately.
Miami, FL, January 10, 2019-Lennar Corporation has reported a YOY net earnings increase of 61.1% for Q4 2018.
Chicago, IL, January 10, 2019-The North American Association of Floor Covering Distributors has announced its 2019 board of directors.
Los Angeles, CA, January 10, 2019—KB Homes reported a net income increase of 15% YOY for Q4 2018 and a revenue decrease of 4%. Home deliveries increased slightly, while the average selling price fell 5% to $395,200.
Saddle Brook, NJ, January 10, 2019—Nourison has appointed Laura Gibson as senior designer for its hospitality business segment.
St. Louis, MO, January 9, 2019-The analyst Stifel has released a statement about the anticipated state of the industry in 2019,
Washington, DC, January 9, 2019-A $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market, cccording to a recent study by the National Association of Home Builders (NAHB).
New York, NY, January 9, 2019-Mortgage rates have fallen to around their lowest levels in eight months, according to a report by the Wall Street Journal. This may offer a potential boost to the housing market.