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Mar 13, 2019  /  The Right News Right When It Happens
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Lumber Liquidators to Pay $33 Million Fine as Part of High-Formaldehyde Laminate Scandal
Toano, VA, March 13, 2019-Lumber Liquidators has agreed to pay a $33 million penalty to settle federal charges it misled investors about the safety of its laminate flooring made in China and sold to U.S. customers, according to Reuters.
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Today's Flooring News
Construction Spending Rose 1.3% in January
Washington, DC, March 13, 2019—Construction spending during January 2019 was estimated at a seasonally adjusted annual rate of $1,279.6 billion, 1.3% above the revised December estimate of $1,263.1 billion, according to the U.S. Census Bureau.
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Glenn Landau Named CFO of Mohawk
Calhoun, GA, March 13, 2019—Mohawk has announced the appointment of Glenn R. Landau as chief financial officer and executive vice president for the company, effective April 1, succeeding Frank H. Boykin, whose planned retirement was announced in November.
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Durable Goods Orders Rose 0.4% in January
Washington, DC, March 13, 2019—New orders for manufactured durable goods in January increased $0.9 billion or 0.4% to $255.3 billion, the U.S. Census Bureau announced.
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Producer Prices Inched Up 0.1% in February
Washington, DC, March 13, 2019—The Producer Price Index for final demand edged up 0.1% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
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Brook Brown Named VP of Stainmaster
Kennesaw, GA, March 13, 2019 – Invista has announced Brook Brown as the new vice president of the Stainmaster brand, replacing Maggie Bidlingmaier, who was promoted to vice president of Surfaces in January of 2018.
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Domotex Offers Wrap-Up of Inaugural Show
Chicago, IL, March 13, 2019—The inaugural Domotex USA launched from February 28 to March 2 with 282 exhibitors from 25 countries for a total of 89,400 square feet of exhibition space.
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Mohawk Forms Partnership with Premier
Calhoun, GA, March 13, 2019—Mohawk Group announced that the commercial flooring manufacturer and distributor has become a Premier supplier.
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Tarkett to Unveil New Strategic Plan in June
Paris, France, March 13, 2019 – As announced during the release of its 2018 annual results, Tarkett has initiated a review of its strategic priorities.
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MSI Named One of Top Workplaces in Atlanta
Atlanta, GA, March 13, 2019—MSI is a 2019 winner of the Top Workplaces Award by The Atlanta Journal-Constitution.
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Pallmann Partners with Cascade Pacific for Hardwood Distribution
Aurora, CO, March 13, 2019—Pallmann has announced that Cascade Pacific Flooring Distributors will distribute the Pallmann Hardwood Complete Range of products through its distribution network.
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