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Mar 05, 2019  /  The Right News Right When It Happens
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Armstrong Flooring's Q4 Sales Grew but Earnings Fell
Lancaster, PA, March 5, 2019--Armstrong Flooring reported a net sales increase of 3.5% YOY for Q4 2018. Net loss for the quarter was $171.0 million, compared to a net loss of $20.7 in Q4 2017.
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Today's Flooring News
Home Sales Rose 3.7% in December
Washington, DC, March 5, 2019-Sales of new single-family houses in December 2018 were at a seasonally adjusted annual rate of 621,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 3.7% above the revised November rate of 599,000 but 2.4% below the December 2017 estimate of 636,000.
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ADG Announces Acquisition of Builders Wholesale Flooring
Southlake, TX, March 5, 2019—Artisan Design Group (ADG) has announced the acquisition of Builders Wholesale Flooring.
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Jim Partridge & Mike Penney Join Schönox in VP Roles
Florence, AL, March 5, 2019—Jim Partridge and Mike Penney, both with backgrounds in the flooring industry, have joined the HPS Schönox team.
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Fiandre Opens First New York City Showroom
New York, NY, March 5, 2019—Fiandre, part of the Iris Ceramica Group, has opened its first New York City showroom.
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Non-Manufacturing Index for January Records Growth
Tempe, AZ, March 5, 2019-The Non-Manufacturing Index (NMI) registered 59.7%, which is three percentage points higher than the January reading of 56.7%, according to the latest Non-Manufacturing ISM Report On Business.
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Fuse Launching Technical Service Offering
Orlando, FL, March 5, 2019-Fuse Alliance is launching its new technical service offering today at its convention in Orlando, Florida.
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New Venture, Circular Polymers, Turns Carpet Fiber into Polymer
Lincoln, CA, March 5, 2019—A team of recycling industry veterans have formed a new company, Circular Polymers, to supply the chemical recycling industry with consistent, high-quality feedstock made from post-consumer carpet and other plastic destined for landfill.
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Mercier Forms Partnership with J.J. Haines
Montmagny, Québec, March 5, 2019—Mercier Wood Flooring is pleased to announce its partnership with JJ Haines & Co.
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Featured Video
Casey Johnson Discusses Happy Feet's Continued Growth In the LVT Business
March 5, 2019—Casey Johnson, CEO and owner of Happy Feet, and Kemp Harr discuss Happy Feet's rapid growth in the LVT flooring business. Listen t
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