Mohawk Unveils New Waterproof, Rigid-Construction LVT Product
Calhoun, GA, December 7, 2016—Mohawk has unveiled SolidTech LVT, which it calls a new generation of LVT.
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Gerflor Renews Contract with The International Volleyball Federation
Chicago, IL, December 7, 2016—Gerflor USA announced that its France-based parent company, Gerflor, recently renewed its contract with The International Volleyball Federation (FIVB), extending the organizations’ partnership for 2017-2020.
Horizon Forest Products Opens Eleventh Location
Houston, Texas, December 7, 2016—Horizon Forest Products officially opened its eleventh branch on December 1 in Houston, Texas (8017 Pinemont Drive, Ste. 200).
Forbo Launches Marine Collection
Baar, Switzerland, December 7, 2016—Forbo Flooring has launched a new carpet tile collection for the marine industry called Westbond FR, according to Cruise & Ferry.
Shaw Completes Acquisition of US Floors
Dalton, GA, December 5, 2016—Shaw Industries announced that it has completed the purchase of US Floors.
Orders for Manufactured Goods Rose 2.7% in October
Washington, DC, December 6, 2016—New orders for manufactured goods in October, up four consecutive months, increased $12.5 billion or 2.7% to $469.4 billion, the U.S. Census Bureau has reported.
Productivity Rose 3.1% in Quarter Three
Washington, DC, December 6, 2016—Nonfarm business sector labor productivity increased at a 3.1% annual Nonfarm business sector labor productivity increased at a 3.1% annual rate during the third quarter of 2016, the U.S. Bureau of Labor Statistics
Home Prices Rose by 6.7% YOY in October, CoreLogic
Irvine, CA, December 06, 2016—Home prices nationwide increased year over year by 6.7% in October 2016 compared with October 2015 and increased month over month by 1.1% in October 2016 compared with September 2016, according to the CoreLogic Home Price Ind
Toll Brothers Announces Q4 and Fiscal Year Results
Horsham, PA, December 6, 2016—Toll Brothers announced fiscal year (FY) 2016’s fourth-quarter net income was $114.4 million, or $0.67 per share diluted, compared to $147.2 million, or $0.80 per share diluted, in FY 2015’s fourth quarter.
U.S. Trade Gap Widened in October
Washington, DC, December 6, 2016—The goods and services deficit was $42.6 billion in October, up $6.4 billion from $36.2 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Com