Four Generation Flooring Business Closing
New Castle, DE, April 28, 2014 -- Miller Carpet One Floor & Home is closing after 114 years in business.
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.
Consumer Sentiment at Nine-Month High
Ann Arbor, MI, April 25, 2014 -- Consumer sentiment rose to its highest level since July in the final April reading.
Remodeling Index Declines on Harsh Weather
Washington, DC, April 25, 2014 -- Against the backdrop of unusually severe winter weather, the Remodeling Market Index declined to 53 in the first quarter, according to the National Association of Home Builders.
NWFA Names Wood Floor of Year Winners
St. Louis, MO, April 25, 2014 -- The National Wood Flooring Association announced the winners of its 2014 Wood Floor of the Year contest during its Wood Flooring Expo held in Nashville.
U.S. Manufacturers Becoming More Competitive
Boston, MA, April 25, 2014 -- Increasing wages and energy costs abroad, and lower domestic energy costs, have helped U.S. manufacturers become more competitive over the last ten years compared to countries like China.
Housing Should Continue Expansion Through 2015
Washington, DC, April 25, 2014 -- A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015.
German Firm Develops Cheaper LVT Process
Hannover, Germany, April 25, 2014 -- Extrusion company KraussMaffei Berstorff has reportedly developed a lower-cost process to make LVT, according to Plastics News.
Interface Reports Higher Sales, Lower Income
Atlanta, GA, April 25, 2014 -- Interface reported first quarter net income of $4.0 million, or $0.06 per share, down from $5.1 million, or $0.08 per share, a year ago.
NWFA Expo Attendance Rises Again
St. Louis, MO, April 24, 2014 -- Attendance at the National Wood Flooring Association’s Wood Flooring Expo grew by 30%, with attendance topping 3,000 for the first time in more than five years.
Builder PulteGroup Reports Lower Income
Bloomfield Hills, MI, April 24, 2014 -- Homebuilder PulteGroup reported first quarter net Income of $75 million, or $0.19 per share, compared to net income of $82 million, or $0.21 per share, a year ago.