Older Americans Increasingly Drawn to Social Media
Washington, DC, October 9, 2015 -- Older Americans are increasingly turning to social media, and that could have an impact on how businesses market to retirees, according to the Pew Research Center.
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.
Filmmaker Cameron to Speak at Greenbuild
Washington, DC, October 9, 2015 -- Informa Exhibitions U.S. and the U.S. Green Building Council said that acclaimed filmmaker James Cameron will be the opening plenary speaker at Greenbuild 2015.
Americans on the Move in Next Five Years
Washington, DC, October 9, 2015 -- Nearly half of all adults and 73% of millennials report they are very or somewhat likely to move in the next five years, according to a recent survey by the Urban Land Institute.
Wholesale Inventories Tick Up in August
Washington, DC, October 9, 2015 -- Wholesale inventories rose 0.1% in August, according to the Commerce Department.
Invista Closing Texas Manufacturing Unit
Orange, TX, October 9, 2015 -- Invista plans to lay off at least 75 employees at a plant that specializes in a key ingredient for nylon fiber, according to a story in the Beaumont Enterprise.
Mohawk Has Average 'Buy' Recommendation
New York, NY, October 9, 2015 -- Mohawk Industries has been given an average analyst rating of “Buy” from the 10 ratings firms that are covering the stock, according to Analyst Ratings Network.com.
Palo Duro Hardwoods Acquired by German Company Eugen Lägler GmbH
Denver, CO, October 8, 2015—Palo Duro Hardwoods, located in Denver, Colorado, has announced its acquisition by Eugen Lägler GmbH, headquartered in Frauenzimmern, Germany.
H.I.G. Capital Acquires Universal Fiber Systems
Miami, FL, October 5, 2015—Private equity investment firm H.I.G. Capital has acquired Universal Fiber Systems (UFS).
Lumber Liquidators Settles with DOJ for Lacey Violation
Toano, VA, October 8, 2015—Lumber Liquidators will pay $10 million to settle criminal charges with the Department of Justice for its violation of the Lacey Act.
Number of U.S. Zombie Homes Falls Significantly in Q3
Irvine, CA, October 8, 2015—Twenty-thousand-and-fifty U.S. residential properties in the foreclosure process were vacant “zombie” homes as of the end of the third quarter of 2015, down 27% from the previous quarter, according to RealtyTrac.