Mohawk Consolidating Karastan Rug Production to NW Georgia
Calhoun, GA, August 22, 2019-Mohawk Industries has announced that it will consolidate Karastan rug production in northwest Georgia.
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.
AIA Architecture Billings Increased to 50.1 in July
Washington, DC, August 22, 2019-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score of 50.1 in July showed a small increase in design services since June, which was a score of 49.1.
Confidence in Multifamily Market Rose in Q2
Washington, DC, August 22, 2019—Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB).
Laticrete Investing in 3D Printing Mortar Technology
Bethany, CT, August 22, 2019-Laticrete is making an investment in 3D printing mortar technology.
U.S. Ports Likely to See Another Rush Before Tariff Increase
Washington, DC, August 22, 2019-In late 2018, a rush of pre-tariff imports helped major U.S. ports notch all-time cargo records, and that dynamic may soon occur again, “with Trump’s latest tariff announcement tailor-made to produce another year-end holiday rush,” reports Raw Story.
Mohawk Expands Support of Susan G. Komen Three-Day Walk
Calhoun, GA, August 22, 2019—Mohawk has expanded its continuing support of the Susan G. Komen Three-Day Walk by, this year, not only donating more than 5,000 SmartCushion pads to comfort walkers and crew members but also teaming up with retail partners in each city to host a celebratory lunch to mark the halfway point—the completion of 30 miles.
Lowe's Grew Earnings & Sales in Q2
Mooresville, NC, August 21, 2019-Lowe's Companies reported net earnings of $1.7 billion for Q2 2019, compared to net earnings of $1.5 billion in Q2 2018, an increase of 11.8%.
Existing-Home Sales Rose 2.5% in June
Washington, DC, August 21, 2019—Total existing-home rose 2.5% from June to a seasonally adjusted annual rate of 5.42 million in July, according to the National Association of Realtors. Overall sales are up 0.6% from a year ago.
Toll Brothers Reports Lower Income & Sales in Q3
Horsham, PA, August 21, 2019—Toll Brothers announced net income of $146.3 million for Q3 2019, compared to net income of $193.3 million in Q3 2018.
Tarkett to Sponsor Design Museum Foundation Exhibition
Solon, OH, August 21, 2019—Tarkett announces its national title sponsorship of the Design Museum Foundation’s upcoming exhibition, We Design: People. Practice. Progress.