J+J Receives 2016 Product Innovation Award
Dalton, GA, December 20, 2016—J+J Flooring Group was named a recipient of Architectural Products’ 2016 Product Innovation Awards.
Today's Flooring News
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Global Lumber Trade Increased in 2016 on U.S. and CH Demand
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.
Tony Boldt Named President & COO of Nebraska Furniture Mart
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.
Lennar Q4 and Full Year Earnings Both Exceed 2015
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.
Mohawk Expanding Thomasville, NC Unilin Laminate Facility
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.
Construction Employment Added Jobs in 34 States in November YOY
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
Redi Carpet Acquires Wilmington, NC Got You Floored Location
Stafford, TX, December 16, 2016—Redi Carpet has acquired Got You Floored’s Wilmington, North Carolina location.
Housing Starts Fell 18.7% in October
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.
Winners of Tile of Spain Awards Announced
Miami, FL, December 16, 2016—Tile of Spain announces the winners of the fifteenth annual Tile of Spain Awards of architecture and interior design.
Federal Reserve Hikes Interest Rate and The Dollar Surges
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.