Pending Home Sales Drop on Low Inventory
Washington, DC, Jan. 28, 2013 -- Pending home sales fell 4.3% in December, according to the National Association of Realtors.
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.
Mohawk To Acquire Belgian Panel Manufacturer
Calhoun, GA, Jan. 28, 2013 -- Mohawk Industries said it will purchase Spano Invest NV, a Belgian panel board manufacturer, for $168 million in cash.
Couristan Promotes Codella to VP of Sales
Fort Lee, NJ, Jan. 28, 2013 -- Broadloom and rug firm Couristan said it has promoted Steve Codella to executive vice president of sales.
IVC Acquires Laminate Maker Trinterio
Avelgem, Belgium, Jan. 28, 2013 -- IVC , the largest Western European manufacturer of residential vinyl flooring, has reached an agreement with broadloom firm Balta Industries to acquire laminate flooring manufacturer Trinterio.
New Tile Installation Certification Developed
Jackson, MS, Jan. 28, 2013 -- Five of the largest organizations representing tile contractors, installers and manufacturers have developed a new certification program.
Durable Goods Orders Surge in December
Washington, DC, Jan. 28, 2013 -- Orders for durable goods rose in December, largely because of defense and transportation spending, according to the Commerce Department.
Valinge Gets U.S. Patent on Resilient Locking
Viken, Sweden, Jan. 28, 2013 -- Valinge said that it will be issued a U.S. patent next month for the mechanical locking of resilient floorboards.
WFCA Hall of Fame To Induct Munzinger, Pirner
Anaheim, CA, Jan. 25, 2013 -- New inductees into the World Floor Covering Association Hall of Fame are Fritz Munzinger and LaVone Pirner.
Surfaces, Builders' Show Plan Same Dates in 2015
Washington, DC, Jan. 25, 2013 -- The International Builders' Show and Surfaces plan to hold their events at the same time in 2015 in Las Vegas.
New Home Sales Down but Trend Is Higher
Washington, DC, Jan. 25, 2013 -- Sales of new single-family homes declined in December, although the long-term trend remains positive, according to the Commerce Department.