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.
Irvine, CA, May 1, 2018—Home prices increased nationally by 7% year over year from March 2017 to March 2018, while on a month-over-month basis, prices increased by 1.4% in March 2018, according to the CoreLogic Home Price Index (HPI).
Middleton, WI, April 30, 2018—Middleton-based retailer Nonn’s Flooring has acquired Malkin’s Flooring of Menomonee Falls.
Crossville, TN, April 30, 2018—Domestic tile manufacturer Crossville will be offering education opportunities at Coverings, including informative sessions live at Booth #7654 as well as sessions offered as part of the show’s education schedule.
Darien, CT, April 30, 2018—During the Starnet 2018 Annual Meeting held in Orlando, Florida from April 19 to 22, it was announced that the members of Starnet Commercial Flooring re-elected three incumbents to the Starnet board of directors and that the board of directors elected the board officers for the 2018 to 2019 term.
Washington, DC, April 30, 2018—The Pending Home Sales Index inched up 0.4% to 107.6 in March from a downwardly revised 107.2 in February, according to the National Association of Realtors.
Washington, DC, April 30, 2018—Personal income increased $47.8 billion (0.3%) in March according to estimates released by the Bureau of Economic Analysis.
Forney, TX, April 30, 2018—In an effort to address the ongoing shortage of qualified commercial floorcovering installers, Fuse Alliance and the International Certified Flooring Installers Association have joined forces.
Arlington, TX, April 27, 2018—D.R. Horton’s income rose 53.1% YOY in Q2, and revenue from homebuilding rose 16% YOY in the same period.
Norwalk, CT, April 27, 2018—Metroflor announced that the Elegant Home-Tech Company Limited (formally known as Elegant Plastics) facility in Zhangjiagang, China, which manufactures its Aspecta commercial LVT product, received the first-ever JUST label for a Chinese company and the first JUST label for a LVT flooring manufacturer.
Calhoun, GA, April 27, 2018—Mohawk’s Q1 net sales rose 8.6% YOY to $2.4 billion. Revenue increase for the quarter was 4.1% (on constant currency).