Lennar Reports Q4 and Fiscal Year 2017 Results
Miami, FL, January 10, 2018—Lennar Corporation reported revenues for Q4 2017 were $3.8 billion, a 12% increase over Q4 2016’s $3.4 billion.
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.
Producer Prices Inched Up 0.1% in December
Washington, DC, January 10, 2018—Prices for U.S. imports ticked up 0.1% in December, the U.S. Bureau of Labor Statistics reported, following a 0.8% rise the previous month.
Spending on Residential Remodel Trending Up, Says NAHB
Orlando, FL, January 10, 2018—Spending on residential remodels will continue to grow at a modest pace in the next two years, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS) in Orlando, Florida.
NFIB Optimism Index Hit Record High in 2017
Washington, DC, January 10, 2018—Small business confidence blasted off the day after the 2016 election and remained in the stratosphere for all of 2017, making last year an all-time record setter for the NFIB Index of Small Business Optimism.
I4F Extends Strategic Partnership with Classen
Hannover, DE, January 10, 2018—Innovations4Flooring (I4F) has announced an extension to its strategic partnership with the Classen Group.
Swiss Krono & Kronospan Re-Up Partnership with Välinge
Viken, Sweden, January 10, 2018—Välinge has announced that both Swiss Krono and Kronospan groups have recently signed long-term agreements with Välinge Innovation, committing to promote Välinge’s 5G technology worldwide.
CRI Green Label Plus Products Added to SPOT
Dalton, GA, January 10, 2018—UL Environment, a division of UL (Underwriters Laboratories), has announced that The Carpet and Rug Institute’s (CRI’s) Green Label Plus certified carpet, cushion and adhesive products will be added to SPOT, UL’s web-based product sustainability information tool.
CID Awards Submissions Period Closes Soon
Arlington, VA, January 10, 2018—The submissions period for the 2018 Coverings Installation & Design (CID) Awards closes January 15.
Mohawk Investing $10 Million in Glasgow, VA Carpet Tile Plant
Glasgow, VA, January 9, 2018-Mohawk will expand its Glasgow, Virginia carpet tile plant with a new extrusion compounding line.
Unilin Granted Its Highest Number of New Patents in 2017
Wielsbeke, Belgium, January 9, 2018—In 2017, the number of patents newly granted to Unilin’s IP business reached an all-time high of 221, including 108 patents in the European territory, 29 U.S. patents and 16 Chinese patents.