Laticrete Named TileAmerica Supplier of the Year
Bethany, CT, July 11--Laticrete International has received the title of TileAmerica “Supplier of the Year."
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.
Canada Housing Starts Up 7%
Toronto, Ontario, July 11--New home construction in Canada beat analysts' expectations with a 7.2 percent rise in June, its highest level of the year, data from Canada Mortgage and Housing Corp. showed on Monday.
Shaw Reorganizes Sales Divisions, Creates New Posi
Dalton, GA, July 11--Shaw Industries recently reorganized its residential sales divisions to work more closely with retail customers and enhance business development.
Mohawk Hardwood Launches Santa Barbara
Dalton, GA, July 11--Mohawk’s new Santa Barbara hardwood gives dealers an entry-level price point for the rapidly growing hand scraped category—and provides consumers with exceptional value.
Wholesale Inventories Inch Up 0.1% in May
Washington, DC, July 8—Wholesale inventories inched up 0.1 in May, while wholesale sales during the month were flat, according to the Commerce Department.
Tarkett Commercial Launches Ad Campaign
Houston, TX, July 8--Tarkett Commercial recently launched a new advertising campaign to promote the new colors and designs for NAFCO PermaStone Modular flooring.
June Unemployment Drops to 4-Year Low, 146,000 Job
Washington, DC, July 8--The unemployment rate in June dropped to a 4-year low of 5% from of 5.1 percent in May as the economy produced 146,000 new jobs, according to a report from the Labor Department.
Fleetwood Posts Loss, To Sell Retail Business to C
Riverside, CA, July 8--Manufactured housing maker Fleetwood Enterprises Inc. reported a loss for the fourth quarter and the full year.
World Market Center Secures $225M in Financing for
Las Vegas, NV, July 8--Officials with World Market Center Las Vegas, along with New York-based Ackman-Ziff Real Estate Group LLC, have announced that WMC has obtained $225 million in permanent financing from Bear Stearns Commercial Mortgage, to take out
Collins & Aikman Names New Chairman
Troy, MI, July 8—Auto interior and carpet company Collins & Aikman has today that it has established a new team of professionals to lead the company through the next phase of its restructuring process.