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.
Bothell, WA, December 20, 2016—Global demand for lumber increased in 2015 and 2016, resulting in a rise in trade by 10.2% in 2015, and Wood Resources International estimates that the increase will be as much as 13.6% in 2016.
Omaha, NE, December 19, 2016— Ron Blumkin, president and chief operating officer of Nebraska Furniture Mart, will step out of his position as part of the company’s long-term succession planning, according to Omaha.com.
Miami, FL, December 19, 2016—Lennar Corporation reported Q4 2016 net earnings were $313.5 million, or $1.34 per diluted share, compared to $281.6 million, or $1.21 per diluted share, in Q4 2015.
Thomasville, NC, December 19, 2016—Mohawk is expanding Unilin’s Thomasville, North Carolina laminate facility with a 100,000 square foot warehouse as part of a $36 million investment, according to the Triad Business Journal.
Arlington, VA, December 19, 2016—Thirty-four states added construction jobs between November 2015 and November 2016 while construction employment increased in 29 states and the District of Columbia during the past month, according to an analysis of Labor
Stafford, TX, December 16, 2016—Redi Carpet has acquired Got You Floored’s Wilmington, North Carolina location.
Washington, DC, December 16, 2016—Privately owned housing starts in November were at a seasonally adjusted annual rate of 1,090,000, according to the Commerce Department.
Miami, FL, December 16, 2016—Tile of Spain announces the winners of the fifteenth annual Tile of Spain Awards of architecture and interior design.
Washington, DC, December 15, 2016—The Federal Reserve increased its key interest rate by 0.25% on December 14, signifying its confidence in the strength of the U.S. economy.
Washington, DC, December 15, 2016—Builder confidence in the market for newly-built single-family homes jumped seven points to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).