Mohawk Earnings up 7% on 6% Sales Increase in Q2
Calhoun, GA, July 28, 2017—Mohawk Industries, Inc. reports 2017 second quarter operating income of $356 million, net earnings of $261 million and diluted earnings per share (EPS) of $3.48.
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.
Foss Manufacturing Sells Northern Division, Rebrands as Foss Floors
Rome, GA, July 28, 2017—Foss Manufacturing Company, LLC sold its Northern Division, which manufactures nonwoven products for automotive, craft and industrial applications, to AstenJohnson Holdings, Ltd., a global supplier of innovative products and technical solutions.
Interface LVT Business Projected to Boost Sales to $20 Million for FY 2017
Richmond, VA, July 28, 2016—According to a recent Stifel newsletter, John Baugh reports, Interface's organic sales are up 4% and organic orders up 6%.
Tarkett Releases Results for First Half of 2017
Paris, France, July 27, 2017—Tarkett reports good operating results in H1 2017: organic growth at 3.0%; adjusted EBITDA margin stable at 11.8%; net sales up 5.1% year-on-year at €1,364m, including organic growth of 3.0%.
Interface Reports 1.4% Revenue Growth in Second Quarter
Atlanta, GA, July 27, 2017—Interface, Inc. reported results for the second quarter ended July 2, 2017.
Ecore Supplies Flooring to Hilton Hotels In-Room Fitness Concept
Lancaster, PA, July 27, 2017—Ecore is the exclusive provider of state-of-the-art ergonomic flooring for Hilton Hotels’ new revolutionary “Five Feet to Fitness” program, a new wellness concept that brings more than 11 different fitness equipment and accessory options into the hotel room.
Armstrong Flooring Donates to Award-Winning Green Home 3.0
Fullerton, CA, July 27, 2017—Judges for the 2017 Gold Nugget Awards have named the ABC Green Home 3.0 as a Grand Award winner in its annual competition, which honors architectural design and planning excellence and draws entries from throughout the world.
Consumer Reports: The Right Type of Flooring for Every Room in Your Home
Yonkers, NY, July 26, 2017—Consumer Reports: Wood wins the prize as America’s favorite hard-surface flooring type, outselling vinyl, porcelain tile, and every other option, according to market-research firm Mintel’s 2016 report on residential flooring.
Egger Wood Products plans $700 million N.C. manufacturing facility
Lexington, NC, July 26, 2017—The Davidson County Economic Development Commission is pleased to announce the completion of a long term agreement with EGGER Wood Products, one of Europe’s leading wood-based materials supplier for the furniture, wood construction and the flooring industries.
The International Surface Event Announces Dates for 2018
Dallas, TX, July 26, 2017—The International Surface Event dates have shifted to a new day format in 2018: Tuesday through Thursday, January 30-February 1, with the education program occurring Monday through Thursday, January 29-February 1.