D.R. Horton Grew Sales & Earnings in Q4
Arlington, TX, November 13, 2019—D.R. Horton reports that net income attributable to D.R. Horton increased 8% year over year (YOY) in Q4 2019.
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.
Small Business Optimism Remained Over 100 in October
Washington, DC, November 12, 2019—The small business half of the economy continued its remarkable economic streak, posting a 0.6 point gain in October’s Optimism Index.
I4F, Unilin & Välinge Withdrawing All Pending Litigation
Willemstad, Curaçao; Wielsbeke, Belgium; and Viken, Sweden--I4F, Unilin and Välinge have announced that they will withdraw from all pending litigation in the United States and Europe.
Marriott Dominated Hotel Construction Pipeline in Fall 2019
Portsmouth, NH, November 12, 2019-In the Lodging Econometrics (LE) fall report for 2019, the franchise companies dominating the United States hotel construction pipeline are led by Marriott International with 1,484 projects/196,023 rooms, up 8% by projects and rooms year-over-year (YOY).
Benjamin Hagood, Past CEO of William M. Bird, Has Died
Charleston, SC, November 12, 2019— Benjamin Hagood Sr., past president and chief executive officer of William M. Bird, died November 9, 2019.
NAFCD Convention Kicks Off Today in New Orleans
New Orleans, LA, November 12—The North American Association of Floor Covering Distributors (NAFCD) annual convention kicks off today in New Orleans, Louisiana.
Belknap White Acquires Controlling Interest in JJ Haines
Mansfield, MA, February 14, 2019-The Belknap White Group has announced an expanded equity investment in the JJ Haines Company of Baltimore, Maryland.
Michael Ogle, Owner of Ogle's Hardwood, Has Died
Huntersville, NC, November 12, 2019—Michael Ogle, owner of Ogle’s Hardwood Flooring in Huntersville, North Carolina, died November 6.
Five Commercial Contractors Joining to Form F5 Finishes, Launching IPO
San Francisco, CA, November 11, 2019-Five commercial contractors are coming together and eyeing an IPO [initial public offering], according to the San Francisco Business Times.
25% Tariff Exclusion Granted for Click LVT Flooring from China
Washington DC, November 8, 2019--The U.S. Trade Representative has granted an exclusion from Section 301 tariffs for select types of LVT.