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.
Washington, DC, May 26, 2017—The EPA published a direct final rule to extend the compliance date for formaldehyde emission standards for composite wood products to March 22, 2018, according to the Hardwood, Plywood & Veneer Association.
Santa Fe Springs, CA, May 25, 2017—Galleher Corp. is pleased to announce it has entered into a distribution agreement with Tarkett to begin immediate distribution of the Johnsonite brand throughout Galleher’s distribution territory, which covers all of Arizona, Nevada, and California.
Seattle, WA, May 25, 2017—National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade, according to the April Zillow Real Estate Market Reports. The median home value in the U.S. is now $198,000, 1% higher than peak value hit in 2007.
San Diego, CA, May 25, 2017—MSI’s new San Diego showroom and distribution center is open for business.
Washington, DC, May 25, 2017—In the week ending May 20, the advance figure for seasonally adjusted initial claims was 234,000, an increase of 1,000 from the previous week's revised level, according to the Department of Labor.
Dalton, GA, May 25, 2017––World Floor Covering Association has announced the next phase of expansion of the association’s WFCA University training program.
Mooresville, NC, May 24, 2017—Lowe's reported net earnings of $602 million Q1 2017, compared to net earnings of $884 million in Q1 2016.
Washington, DC, May 24, 2017—Total existing-home sales dipped 2.3% to a seasonally adjusted annual rate of 5.57 million in April from a downwardly revised 5.70 million in March. Despite last month's decline, sales are still 1.6% above a year ago and at the fourth highest pace over the past year, according to the National Association of Realtors.
Washington, DC, May 24, 2017—The American Institute of Architects (AIA) reported the April ABI score was 50.9, down from a score of 54.3 in the previous month. This score still reflects an increase in design services.
Lancaster, PA, May 24, 2017—Armstrong Flooring is excited to announce its 2016 Elite Retailers of the Year: gold—Baker Brothers; silver—Riemer Floors; and bronze—WorldWide Wholesale, as well as honorable mentions for United Flooring Group and Floor Covering Associates.