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.
Arlington, VA, November 22, 2017—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped 10 points to 46 in the third quarter of 2017. This is the lowest reading since the second quarter of 2011.
Washington, DC, November 21, 2017—Total existing-home sales increased 2.0% to a seasonally adjusted annual rate of 5.48 million in October from a downwardly revised 5.37 million in September.
Mooresville, NC, November 21, 2017—Lowe’s Companies has reported net earnings of $872 million for Q3 2017, compared to net earnings of $379 million in Q3 2016.
Dalton, GA, November 21, 2017—The Carpet and Rug Institute (CRI) presented the Joseph J. Smrekar Memorial Award to Troy Virgo, director of sustainability and product stewardship for Shaw Industries, at the annual membership meeting on November 15 in Dalton, Georgia.
Atlanta, GA, November 21, 2017—The global rug design and manufacturing community gathers in Atlanta for The Atlanta International Area Rug Market, featuring the National Oriental Rug Show sponsored by The Oriental Rug Importers Association (ORIA) January 10 to 14, 2018.
Dalton, GA, November 21, 2017-Mohawk has announced its plans to purchase Australian carpet firm Godfrey Hirst.
Cozumel, Mexico, November 20, 2017— New partnerships, new products and new features were announced during the 2017 QFloors Dive Deeper Users Conference, held on the Norwegian Escape from November 4 to 11.
Rome, GA, November 20, 2017—Balta Home USA is moving to a new 330,000 square foot distribution facility in Rome, Georgia, to provide more capacity for its North American business.
Dalton, GA, November 20, 2017—Randy Merritt, president of Shaw Industries who will retire at the close of 2017, has written a farewell letter to the industry, within which he has worked for the entirety of his 41-year career.
Washington, DC, November 17, 2017—Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,290,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.