Mohawk Named to Forbes' List of America's Best Large Employers
Calhoun, GA, May 18, 2017—For the second consecutive year, Mohawk Industries has been named to Forbes’ list of America’s Best Large Employers.
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.
Balta, Owner of Bentley, Listing on Brussels Stock Exchange
London, UK, May 18, 2017—Belgian carpet maker Balta is planning to list on the Brussels stock exchange in the near future to raise about 138 million euros ($153.1 million) to reduce its debt, according to Reuters.
Lowe's Enters Agreement to Buy Maintenance Supply Headquarters
Mooresville, NC, May 18, 2017—Lowe's Companies announced it has entered into a definitive agreement to acquire Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations products to the multifamily housing industry, for a total transaction value of $512 million.
Mortgage Apps Fell 4.1% Last Week; Refi Share Hits 8-Year Low
Washington, DC, May 18, 2017—Mortgage applications decreased 4.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 12.
Mullican Adds Two Additional Solid Hardwood Collections
Johnson City, TN, May 18, 2017—Mullican Flooring has expanded its American-made solid product line with two new collections.
J+J Launches LVT Collection
Dalton, GA, May 16, 2017—J+J Flooring Group is introducing two new luxury vinyl tile (LVT) collections, available immediately.
Home Depot Reports Sales Increase of 4.9% YOY in Q1
Atlanta, GA, May 16, 2017—The Home Depot reported sales of $23.9 billion for Q1 2017, a 4.9% increase from Q1 2016’s $22.8 billion.
Interior Design Billings Rose in Q1
Washington, DC, May 17, 2017—The March ASID IDBI score is 62.8, an increase over December’s value of 52.9, according to the American Society of Interior Designers Q1 Interior Design Billings Index.
WarmlyYours Q1 Sales Up 5.4%, Buoyed by Electric Floor Heating
Lake Zurich, IL, May 16, 2017—WarmlyYours Radiant Heating released its “2017 First Quarter Industry Report” earlier this week, which reported that the first quarter of 2017 showed a 5.3% increase in total consolidated sales of WarmlyYours products and a 5.2% increase in electric floor heating, the company’s flagship product line.
Richard Evans Joins Siena's Executive Team
Washington, DC, May 17, 2017—Siena is pleased to welcome Richard Evans to its executive management team.