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.
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.
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.
Lisa Browning Named to FCIF Board of Directors
Dalton, GA, June 12, 2015—Lisa Browning of the National Floorcovering Alliance has been added to the Floor Covering Industry Foundation (FCIF) board of directors.
Zombie Foreclosures Down 11% From Q1 but Up in 91 of 183 Metro Areas
Irvine, CA, June 11, 2015—RealtyTrac has released its Q2 2015 Zombie Foreclosure Report, which found that 127,021 homes actively in the foreclosure process had been vacated by the homeowners prior to a completed foreclosure.
Distributive Trade Sales & Trade Sales Up Slightly in April
Washington, DC, June 11, 2015-- The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,318.8 billion, up 0.6% from March 2015, but was down 2.3% from April 2014, according to the U.S. Census Bureau.
Retail Trade Sales Up 1.4% in May, 2% YOY
Washington, DC, June 11, 2015--Retail trade sales were up 1.4% in May from April and 2.0% over last year.
Interface Adding Two Additional Collection Hubs for Net-Works Program
Atlanta, GA, June 10, 2015—Interface is expanding its Net-Works program, through which discarded fishing gear is turned into recycled nylon fiber.