| | | Oct 09, 2018 / The Right News Right When It Happens | | Top Story | | | | Machinery-Maker Hasko Has New Ownership & New Leadership | | Soddy-Daisy, TN, October 9, 2018-Hasko Inc., manufacturer of wood cutting machinery used in the production of hardwood flooring, has been acquired by Chicago-based Iron Range Capital, reports the Chattanooga Times Free Press. | | |
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| | Today's Flooring News | | | | Mohawk & Shaw Announce Price Increases | | Chattanooga, TN, October 9, 2018—The first week of October, both Shaw and Mohawk announced price increases. | | |
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| | | | Mortgage Delinquency Dropped to 4.1% in July | | Irvine, CA, October 9, 2018-Nationally, 4.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in July 2018, representing a 0.6 percentage point decline in the overall delinquency rate compared with July 2017, when it was 4.7%, according to the CoreLogic monthly Loan Performance Insights Report. | | |
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| | | | Small Business Optimism Continued to Soar in September | | Washington, DC, October 9, 2018-The NFIB Small Business Optimism Index continued its historic 23-month positive trend, with a reading of 107.9 in September, the third highest reading in the surveyÂs 45-year history. | | |
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| | | Importers Finding Ways to Dodge Chinese Tariffs, Says WSJ | | New York, NY, October 9, 2018—Some Chinese importers are altering the Harmonized Tariff Schedule (HTS) destination codes on products in order to dodge tariffs, reports The Wall Street Journal. | | |
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| | | Nora Gomez Named Chief Marketing Office for Nebraska Furniture | | Omaha, NE, October 9, 2018—Nebraska Furniture Mart has named Nora Gomez chief merchandising officer. | | |
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| | | Shannon Running Rebate Program to Offset Tariff Increases | | Milwaukee, WI, October 9, 2018—Shannon Specialty Floors will run a rebate and price promotion through March 31, 2019 to assist its clients in recent tariff price increases and supply issues. | | |
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| | | Ceramics of Italy Opens Tile Contest, Announces NY Film Premier | | New York, NY, October 9, 2018-The Ceramics of Italy Tile Competition is now accepting entries with a deadline of February 1. | | |
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| | | Belknap White Names Award Winners at 18th Annual Convention | | Mansfield, MA, October 9, 2018—The Belknap White Group (BWG) recently hosted its 18th Annual FlooringPlus Convention in Newport, Rhode Island at the Hotel Viking, September 16 and 17. | | |
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| Featured Video | | | | John Wisenbaker Discusses the Benefit of Membership in FloorExpo | | October 9, 2018—John Wisenbaker, owner of Wisenbaker Builder Services, and Kemp Harr discuss the evolution of John's company in the last 48 year | | |
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