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Mar 01, 2018  /  The Right News Right When It Happens
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Dixie Group Increased Net Sales in Q4 & FY 2017
Dalton, GA, March 1, 2018—The Dixie Group reported net sales of $412.5 million for fiscal year 2017, a 3.8% increase as compared to $397.5 million in 2016. For Q4 2017, net sales were $105.1 million, an increase of 2.4% compared to $102.6 million in Q4 2016.
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Today's Flooring News
Three Shaw Employees Recognized with STEP Ahead Awards
Dalton, GA, March 1, 2018—The Manufacturing Institute will award three Shaw employees with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award: Lisa Buice, commercial human resources director; Annie Cowart, client contact center director; and Brooklyn Lynam, process engineer.
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Construction Spending Flat in January
Washington, DC, March 1, 2018—Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as (±1.0%) the revised December estimate of $1,262.7 billion, according to the U.S. Census Bureau.
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Personal Income Rose 0.4% in January
Washington, DC, March 1, 2018—Personal income increased $64.7 billion (0.4%) in January, according to estimates released by the Bureau of Economic Analysis.
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PMI Expanded in February
Tempe, AZ, March 1, 2018—The February Purchasing Manager’s Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.
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Phenix Flooring Joins CarpetsPlus
Dalton, GA, March 1, 2018—Phenix Flooring, a Pharr family company, has joined CarpetsPlus as an approved vendor.
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Featured Video
Bruce Zwicker Discusses Changes in Flooring, Domotex Germany, and Shifting Channel Dynamics
March 1, 2018—Bruce Zwicker, former CEO with Haines, and Kemp Harr discuss the shifting product channel dynamics in the floorcovering business a
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