Armstrong Raising Hardwood Prices
Lancaster, PA, March 26, 2013 -- Armstrong said it will raise prices 10% in the U.S. and Canada on all solid, engineered and wood trim products, effective May 13.
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.
House Prices Up Most Since 2006
Washington, DC, March 26, 2013 -- The S&P/Case-Shiller composite index of house prices rose 8.1% in January.
New Home Sales Fall in February
Washington, DC, March 26, 2013 -- New home sales fell 4.6% in February to mark the biggest drop in two years, the Commerce Department said.
NWFA Names Director of Expositions
St. Louis, MO, March 26, 2013 -– The National Wood Flooring Association said that it has named Linda Walter director of expositions and business development.
Durable Goods Orders Surge in February
Washington, DC, March 26, 2013 -- Durable goods orders surged in February, the Commerce Department said.
Consumer Confidence Declines in March
New York, NY, March 26, 2013 -- Consumer confidence fell in March to a reading of 59.7 in March from 68.0 in February, the Conference Board said.
Shadow Housing Inventory Down Sharply
New York, NY, March 26, 2013 -- What's known as the shadow inventory of potential housing supply was 2.2 million units in January, down 18% from a year ago and down 28% from its peak, CoreLogic said.
Unilin Issues Licenses for Additional LVT Firms
Dallas, TX, March 26, 2013 -– Additional LVT manufacturers have entered into license arrangements with Flooring Industries, the intellectual property company of the Unilin Group.
Valinge, Licheer Add Agreement on LVT
Viken, Sweden- March 26, 2013 -- Välinge Innovation and Licheer Wood Co. Ltd have extended their license agreement to also include LVT.
Mohawk's Spano Acquisition Under EC Review
Calhoun, GA, March 25, 2013 -- Mohawk Industries’ proposed acquisition of Belgian panel board manufacturer Spano Invest NV for $168 million in cash is being reviewed by the European Commission, according to the Atlanta Journal-Constitution.