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Sep 29, 2020 / The Right News Right When It Happens

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Home Prices Rose 4.8% YOY in July, Says Case-Shiller

New York, NY, September 29, 2020—Home prices made a 4.8% annual gain in July, up from 4.3% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.

Today's Flooring News

DOJ Suggests Test Case in Section 301 Tariff Lawsuit, HMTX Embraces Proposal

Washington, DC, September 29, 2020-The Court of International Trade should use a case management approach for the numerous Section 301 tariff lawsuits similar to the one used for litigation over the harbor maintenance tax (HMT), the Department of Justice said in a September 23 filing, reports by International Trade Today.

SEC Fines Interface $5 Million, Company Denies Negligence

Atlanta, GA, September 29, 2020—Securities and Exchange Commission (SEC) regulators imposed a $5 million civil penalty on Interface, saying the company reported inflated financial results that misled shareholders in 2015 and 2016, reports the Atlanta Journal Constitution.

Mike's Custom Flooring Joins Fuse

Laguna Niguel, CA, September 29, 2020—Fuse Alliance announced that Mike’s Custom Flooring, has joined the network as a new member.

AVA Joins Material Bank

Dalton, GA , September 29, 2020—AVA has joined Material Bank in order to offer a seamless ordering process for samples.

Aqualfil to Use Econyl to Produce Jaguar Land Rover Interiors

Whitley, UK, September 29, 2020—Jaguar Land Rover is working with Econyl nylon to develop high-quality interiors made from ocean and landfill waste.

Välinge Signs New Licensee for Liteback Core Technology

Viken, Sweden, September 29, 2020—Changzhou Kingfisher Decorative Material Co. is the latest licensee for Välinge Innovation’s new Liteback sustainable core technology.

Latricrete Spectralock Earns Best Product Award

Bethany, CT, September 28, 2020-Laticrete’s Spectralock Pro Premium Translucent Grout was chosen as winner in the “finishes and surfaces” category by The Architect’s Newspaper in its sixth-annual Best of Products awards.

Mohawk Provides Flooring for Sunshine on a Ranny Day Nonprofit

Calhoun, GA, September 29, 2020-Mohawk partnered with Sunshine on a Ranney Day, an Atlanta-based nonprofit that renovates homes for children with special needs, to provide donations of SolidTech flooring for Nygil’s bedroom and bathroom makeover in Fayetteville, Georgia and Priscilla’s bathroom makeover in Decatur, Georgia.

CCA Requesting Donations for FCIF in Lieu of Cancelled Golf Tournament

Manchester, NH, September 29, 2020-The Annual Alan Greenberg Charity Golf Tournament, the largest fundraiser supporting the Floor Covering Industry Foundation (FCIF), has been canceled this year due to the COVID-19 pandemic.