Services Sector Expands in July
Washington, DC, Aug. 5, 2013 -- The services sector of the economy expanded at a faster pace in July, according to the Institute for Supply Management.
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.
Stifel Nicolaus Raises Mohawk Estimates
New York, NY, Aug. 5, 2013 -- Analyst Stifel Nicolaus is maintaining its "buy" rating on Mohawk Industries and raising its earnings estimate after the company's latest quarterly filing.
FloorTek Announces Education Speakers
Dalton, GA, Aug. 5, 2013 -- The American Floorcovering Alliance is adding an educational component to its FloorTek Expo, scheduled for Sept. 10 – 12 in Dalton at the NorthWest Georgia Trade & Convention Center.
CRI's Mendez Talks Recycling at NEMA Summit
Dalton, GA, Aug. 5, 2013 -- Jenn Mendez, the Carpet and Rug Institute vice president for governmental relations, was a featured presenter at the National Electrical Manufacturers Association Recycling Summit July 30.
Mohawk Earnings, Sales Beat Expectations
Calhoun, GA, Aug. 2, 2013 -- Mohawk Industries reported second quarter net earnings of $85 million and earnings per share of $1.16, compared to last year's earnings of $73 million and earnings per share of $1.06.
Valinge, Novalis Sign LVT License Agreement
Viken, Sweden, Aug. 4, 2013 -- Välinge Innovation and Novalis Innovative Flooring said they have signed a license where Novalis obtains a license on Välinge intellectual property related to resilient floors.
Fewer Jobs Added in July but Jobless Rate Falls
Washington, DC, Aug. 2, 2013 -- U.S. employers added fewer jobs in July but the unemployment rate fell nevertheless, according to the Labor Department.
Factory Orders Increase in June
Washington, DC, Aug. 2, 2013 -- Factory orders rose 1.5% in June to a seasonally adjusted annual rate of $496.7 billion, the Commerce Department said.
Fuse Alliance Adds Three Members
Aurora, CO, Aug. 2, 2013 -- The Fuse Alliance has added three new commercial flooring contractors to the group.
NAFCD Seeks Nominations for Board, Awards
Chicago, IL, Aug. 2, 2013 -- The North American Association of Floor Covering Distributors is seeking nominations for the 2013-2014 NAFCD Board of Directors, as well as the 2013 NAFCD Leadership in Action and Lifetime Achievement Awards.