Ben Smith Named VP of Flowcrete Americas
Spring, TX, August 9, 2017—The polymer flooring manufacturer Flowcrete Americas has announced that Ben Smith is to lead the business as its new vice president effective immediately.
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.
Carpet One Floor & Home Kicks Off Summer Convention
Salt Lake City, UT, August 9, 2017—Carpet One Floor & Home store owners and managers are gathering in Salt Lake City for their annual Summer Convention to gain access to insightful business information, network with other store owners and review new products and programs being offered.
May's Mortgage Delinquency Rate Lowest in Nearly a Decade
Irvine, CA, August 8, 2017—CoreLogic has released its monthly Loan Performance Insights Report which shows that, nationally, 4.5% of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in May 2017.
J+J Joins SAGE to Establish 2017 Post-occupancy Evaluations
Dalton, GA, August 8, 2017—J+J Flooring Group and The Society for the Advancement of Gerontological Environments (SAGE) have formed a partnership to establish the 2017 SAGE POE.
Job Openings Increased to 6.2 Million in June
Washington, DC, August 8, 2017—The number of job openings increased to 6.2 million on the last business day of June, the U.S. Bureau of Labor Statistics reported.
Kevin Levitsky Named Dir. of Operations/Finance for Floors & More
Auburn, MA, August 8, 2017—Floors & More, the buying group that includes the Big Bob’s Flooring Outlet franchise and the Floor To Ceiling membership group, has announced that Kevin Levitsky had joined the company in the role of director of operations and finance.
Housing Market Continues to Gain Momentum, Says NAHB
Washington, DC, August 8, 2017—In a further sign that the housing sector is continuing to gain momentum, nearly 300 markets nationwide posted an increase in economic and housing activity from the first quarter to the second quarter, according to the National Association of Home Builders/First American Leading Markets Index (LMI).
Armstrong to Consolidate Hardwood Production into 6 Plants
Lancaster, PA, August 7, 2017—Armstrong Flooring has announced that it plans to consolidate its wood flooring production to six of its plants in the U.S., resulting in the closure of plants in Jackson, Tennessee and Vicksburg, Mississippi in the fourth quarter of 2017.
Armstrong Net Sales Fell 8.1% YOY in Q2, Net Income Fell 22.1%
Lancaster, PA, August 7, 2017—Armstrong reported net sales of $297.3 million for Q2 2017, a decrease of 8.1% compared to $323.7 million in Q2 2016.
July Construction Employment Rose to Highest Level Since Oct. '08
Arlington, VA, August 7, 2017—Construction employment increased by 6,000 jobs in July to the highest level since October 2008, amid a tight labor market that may be keeping contractors from hiring as many workers as they need, according to an analysis of government data by the Associated General Contractors of America.