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.
Washington, DC, May 23, 2019-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for April showed a small increase in design services at 50.5, which is up from 47.8 in March.
Washington, DC, May 23, 2019—Sales of new single-family houses in April 2019 were at a seasonally adjusted annual rate of 673,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Chattanooga, TN, May 23, 2019-Mohawk and Tarkett each sent out price increase letters on May 20, citing the Trump administration’s tariffs on Chinese-made goods.
Chicago, Il, May 23, 2019-To further enhance the NeoCon experience and address the next frontier of flexible workplaces, the 51st edition will mark the launch of the NeoCon Plaza, a new outdoor amenity space that spans the length of The Mart’s South Drive.
Lancaster, PA, May 22, 2019-AHF Products has announces that it will acquire LM Flooring, a Shanghai based importer of engineered hardwood flooring products, with closing expected within 30 days.
Mooresville, NC, May 22, 2019-Lowe’s reported sales for Q1 2019 increased 2.2% to $17.7 billion from $17.4 billion in Q1 2018, and comparable sales increased 3.5%. Comparable sales for the U.S. home improvement business increased 4.2%.
Horsham, PA, May 22, 2019—Toll Brothers announced net income of $129.3 million for Q2 2019, compared to net income of $111.8 million in Q2 2018, an increase of 15.7%.
Atlanta, GA, May 21, 2019-The Home Depot reported a 5.7% sales increase YOY for Q1 2019. Comp store sales in the U.S. were up 3%
Washington, DC, May 21, 2019—Total existing-home sales fell 0.4% from March to a seasonally adjusted annual rate of 5.19 million in April, according to the National Association of Realtors.
Willemstad, Curaçao, May 21, 2019-I4F announced that it has filed a patent infringement lawsuit against Mohawk for the manufacturing, using, importing, selling and/or offering for sale of Mohawk Molveno and Prizefighter vinyl plank flooring using Unilin’s Unipush locking system in the United States. I4F filed the case before the U.S. District Court for the District of Delaware.