Mohawk Completes Purchase of IVC
Calhoun, GA, June 15, 2015—Mohawk has completed its acquisition of the IVC Group for $1.2 billion in cash and stock.
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.
Bentley Mills & Universal Fibers Win Booth Awards at NeoCon
Chicago, IL, June 15, 2015—Winners of the 20th annual IIDA/Contract magazine Showroom & Booth Design Competition have been announced.
Assoc. for European Producers of Laminate Flooring Updates EPD
Bielefeld, DE, June 15, 2015—The Association for European Producers of Laminate Flooring’s generic environmental product declaration for direct pressure laminate (DPL) flooring have been updated and verified by the IBU-Institut.
LL Consolidates Merchandising & Marketing Departments Under Pescara
Toano, VA, June 15, 2015—Lumber Liquidators has announced that it is terminating chief merchandising officer William K. Schlegel and consolidating the leadership of its merchandising and marketing departments under Marco Q. Pescara.
Wool Carpet Focus Group Hosts Competition
Bradford, UK, June 15, 2015—The Wool Carpet Focus Group is hosting a competition to determine a theme for its marketing efforts. The promotion will focus on what makes wool carpet and rugs the best choice for consumers.
NOX Opening New LVT Plant in Ohio
Seoul, SKR, June 12, 2015—NOX, a South Korean OEM/ODM manufacturer of luxury vinyl tile, has announced that it will open a state-of-the-art LVT manufacturing facility in Fostoria, Ohio by the end of 2015.
Mohawk's Design Team Recognized in American Inhouse Design Awards
Calhoun, GA, June 12, 2015—Mohawk Flooring’s in-house design team has been awarded four accolades from the American Inhouse Design Awards, which recognizes work by in-house designers.
Consumer Confidence Rose in June, Up Almost 15% YOY, Says U of M
Ann Arbor, MI, June 12, 2015—Consumer confidence rose 4.3% to 94.6 in June, from 90.7 in May, according to the University of Michigan’s Survey of Consumers, regaining its average level recorded since the start of the year.
Houzz & Home Survey Reveals Trends Among Millennial Homeowners
Palo Alto, CA, June 12, 2015— Millennial homeowners in the U.S. were just as likely to renovate their homes as other age groups in 2014, according to the fourth annual Houzz & Home survey.
May Wholesale Prices Up 0.5%, Largest One-Month Rise Since Sept. '12
Washington, DC, June 12, 2015—Wholesale prices rose at the fastest pace in almost three years in May, increasing by 0.5%, according to the U.S. Bureau of Labor Statistics’ Producer Price Index.