Demand for Airline Carpet Key to Mohawk's NC Expansion
Eden, NC, May 27, 2015—Demand for airline carpet was a key driver in Mohawk's decision to expand its Eden, North Carolina plant.
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.
Analyst Stifel Lowers Estimate on LL
St. Louis, MO, May 27, 2015—Analyst Stifel has lowered its estimate on Lumber Liquidators stock, modestly for 2015, but more aggressively for 2016.
Del Conca USA Aligns with Distributor Floors 2000
Loudon, TN, May 27, 2015—Floors 2000, Inc., a privately owned distributor that supplies tile in 13 states, will now be distributing Del Conca USA products.
New Home Sales Rose in April, Up 26.1% YOY
Washington, DC, May 26, 2015—April sales of new single-family houses were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Durable Goods Orders Down Slightly in April
Washington, DC, May 26, 2015—New orders for manufactured durable goods in April decreased 0.5% to $235.5 billion, the U.S. Census Bureau announced.
Greater New York Floor Coverers Announces 2015 Scholarship Winners
Commack, NY, May 26, 2015—The Greater New York Floor Coverers Industry Promotional Fund has announced this year’s recipients of the Francis J.P. McHale Scholarship and Greater New York Floor Coverers Industry Promotional Fund Scholarship awards.
Consumer Confidence Increased Moderately in May
Washington, DC, May 26, 2015—The Conference Board Consumer Confidence Index, which declined in April to 94.3, increased moderately to 95.4 in May.
S&P/Case-Shiller Index Rose 5% in March
New York, NY, May 26, 2015—The S&P/Case-Shiller index of property values in 20 metro areas rose 5% year over year in March.
Opposition Against Valinge Patent Rejected
Viken, SWE, May 26, 2015—The Opposition Division of the EPO has rejected an opposition filed against the EP 1 437 457 and will maintain the patent as granted.
One-Person Households on the Rise
Washington, DC, May 26, 2015—The one-person household in the U.S. has risen significantly over the last 100 years, according to research from the U.S. Census Bureau.