Mohawk Reports Record Q2 Earnings of $255 Million, 35% YOY Increase
Calhoun, GA, August 5, 2016—Mohawk has announced 2016 Q2 net sales of $2.3 billion, compared to $2.0 billion in 2015 Q2.
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.
Crossville Names Winners of Common Thread Scarf Design Contest
Crossville, TN, August 5, 2016—Crossville has announced the winners of the 2016 The Common Thread for the Cure scarf design contest: Judge’s Choice—Love’s Alchemy by Kerry Steele and People’s Choice—Yin & Yang by Beatriz Lopez.
Unemployment Held Steady at 4.9% in July
Washington, DC, August 5, 2016—Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9%, the U.S. Bureau of Labor Statistics reported.
Fitz Flooring of Calgary Closes Doors
Calgary, Alberta, August 5, 2016—Calgary, Alberta-based Fitz Flooring closed its doors on August 1, according to CTV News Calgary.
Housing Markets Continue Gradual Climb Back to Normal, NAHB
Washington, DC, August 5, 2016—Markets in 146 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the second quarter of 2016, according to the NAHB Leading Markets Index.
Mullican Announces $15 Million Expansion of Johnson City Operations
Nashville, TN, August 4, 2016—Mullican Flooring officials announced yesterday that the flooring manufacturer will invest $15 million to expand its Johnson City, Tennessee operations and create 200 new jobs during the next five years.
Flooring Installation Summit Addresses Quality, Availability of Skilled Labor
Dallas, TX, August 3, 2016—Approximately 80 industry professionals gathered in Dallas, Texas this week at the Omni Dallas Hotel to address concerns over the quality and availability of trained floorcovering installers.
Factory Orders Fell 1.5% in June
Washington, DC, August 4, 2016—New orders for manufactured goods in June, down two consecutive months, decreased $6.9 billion or 1.5% to $447.4 billion, the U.S. Census Bureau reported.
Porcelanosa Partnered with Late Architect Zaha Hadid on Tile Collection
Ramsey, NJ, August 4, 2016—Porcelanosa partnered with the legendary late architect Zaha Hadid on a bathroom collection called Viate, which focuses on the fluidity of water.
CFI Annual Convention Underway in Grapevine, TX
Grapevine, TX, August 4, 2016—The Certified Floorcovering Installers Annual Convention is currently underway at the Marriott Grapevine in Grapevine, Texas.