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.

Manufacturing Recovery Gaining Momentum

New York, July 9--The recovery in U.S. manufacturing appears to be gaining momentum, as a survey of the nation's top manufacturers on future business activity, including orders, shipments and investment, reached a record for the third-straight quarter

UBS Reiterates Mohawk’s Buy Rating

New York, NY, July 9-- In a research note published yesterday, analysts at UBS reiterate their "buy" rating on Mohawk. The target price has been raised from $98 to $100.

Wholesale Inventories Rise

Washington, DC, July 9--Wholesale inventories ballooned in May as stockpiles of durable goods racked up the biggest gain in over four years.

EPA Says DuPont Violated Reporting Rules

Washington, DC, July 8--The U.S. Environmental Protection Agency accused DuPont & Co. (DD) of violating federal reporting requirements related to the potential health risks of a chemical used in the manufacture of Teflon.

Minuteman and Hako-Werke to Merge

Addison, IL, July 9-- Minuteman International, Inc. the floor-care equipment and chemical manufacturer, announced today that it has entered into a definitive merger agreement with Hako-Werke International.

Consumer Borrowing Rises

Washington, DC, July 9-- Americans stepped up their borrowing in May as an improving jobs market and growing economy gave consumers more confidence to take on debt.

UK’s Floors 2 Go Sales Up 224%

Birmington, England, July 9--Sales at the UK's largest retailer of hardwood and laminate flooring products Floors 2 Go, were up 224 per cent in the first six months of this year.

NAR: Higher Interest Rates Won't Hurt Housing

Washington, DC, July 8--Interest rates are rising due to healthy economic growth and they won't dampen the general strength of the nation's housing market, according to the National Association of Realtors.

Armstrong Intros New Linoleum Line

Lancaster, PA, July 8--Armstrong Floor Products announces the new “Living Colors of Linoleum” Collection, a focused North American portfolio.

It's the Sweet Smell of Success

Sarasota, FL, July 8--Orders are streaming in to a local manufacturer for its Urine-Off, a product with the power to remove stains and odors, according to the Sarasota Herald-Tribune.