Florida Tile Cuts Ribbon on Atlanta-area Showroom
Norcross, GA, November 23, 2015—Florida Tile opened a new Atlanta, Georgia-area showroom on October 28.
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.
Three Flooring Companies Named to Training Magazine's Top 125 List
Excelsior, MN, November 23, 2015—Mohawk Industries, Shaw Industries and Tandus Centiva were named to Training Magazine’s Top 125 list. The companies appeared in 14th, 54th and 66th place, respectively, and all three have appeared on the list previously.
Existing Home Sales Down 3.4% in October, Yet Still up 3.9% YOY
Washington, DC, November 23, 2015—With mortgage rates remaining below 4% for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September's jump, according to the National Association of Realtors.
Gerflor Creates New Position to Support Growing Healthcare Business
Bensenville, IL, November 23, 2015—Gerflor has created a new position, healthcare segment director, to support growth in the healthcare market and has tapped Jim Bistolas to serve in that position.
Construction Job Growth Rebounded in October
Arlington, VA, November 23, 2015-- Construction job growth rebounded in October as 43 states and the District of Columbia recorded employment increases from a year earlier, according to the Associated General Contractors of America.
Multi-family Housing Remains Strong in Third Quarter
Washington, DC, November 20, 2015 -- The Multi-family Production Index, which measures builder and developer sentiment, increased one point to a level of 56 for the third quarter.
Leading Economic Indicators Up Sharply in October
New York, NY, November 20, 2015 -- The Conference Board's Leading Economic Index rose 0.6 percent to 124.1 in October after falling in September. It was the best reading since June.
Web Hardwood Firm Acquires Factory in Brazil
Sarasota, FL, November 20, 2015 -- AdvantageLumber.com has acquired Companhia Madeireira, one of the largest hardwood lumber factories in Northern Brazil.
The Rug Company Names CEO Post Acquisition
London, England, Nov. 20, 2015 -- The Rug Company has named James Seuss as CEO, effective Dec. 14.
Mortgage Rates Move Slightly Lower
Washington, DC, November 20, 2015 -- Average mortgage rates ticked lower this week after two straight weeks of sharp increases, according to Freddie Mac.