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Sep 17, 2020 / The Right News Right When It Happens

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Mohawk/Unilin Wins ITC Order Blocking Imports of Competing Vinyl Flooring

New York, NY, September 17, 2020-Mohawk and its Unilin unit won an order that will block imports of any luxury vinyl flooring that use Mohawk inventions without permission, according to a notice by the U.S. International Trade Commission, and reported by Bloomberg News.

Today's Flooring News

August Housing Starts Rose 2.8% YOY, Slid 5.1% from July

Washington, DC, September 17, 2020-Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,416,000, 5.1% below the revised July estimate of 1,492,000 but 2.8% above the August 2019 rate of 1,377,000, according to the U.S. Census Bureau.

Lennar Reports Flat Revenues, Increased Earnings for Q3 2020

Miami, FL, September 17, 2020—Homebuilder Lennar reported revenues of $5.9 billion for Q3 2020, consistent with prior year.

Mannington Commercial Forms Partnership with Material Bank

Calhoun, GA, September 17, 2020—Mannington Commercial is announcing a new partnership with Material Bank.

Rick Cain Named President of Fabulous Floors

Carrollton, TX, September 17, 2020—Rick Cain has been appointed to the role of president of Fabulous Floors.

Initial Jobless Claims Decreased by 33,000 in Second Week of Sept.

Washington, DC, September 17, 2020-In the week ending September 12, the advance figure for seasonally adjusted initial claims was 860,000, a decrease of 33,000 from the previous week's revised level, according to the Department of Labor.