Flooring - Market news and analysis

February 16, 2018

Sika Corporation and Lockwood Flooring announce new business relationship

Sika Corporation announces new business relationship with Lockwood Flooring. Starting February 2018, the six branches of Lockwood Flooring will distribute the Sika Interior Finishing product range in Iowa, Kansas, Missouri, Nebraska and Oklahoma, Illinois, Arkansas. This product range includes S...
February 9, 2018

Mohawk Industries reports 4Q net sales of $2.4 billion

Mohawk Industries, Inc. announced 4Q 2017 net earnings of $240 million and diluted earnings per share (EPS) of $3.21. Adjusted net earnings were $256 million and EPS was $3.42, excluding restructuring, acquisition and other charges, a 5% increase over last year, as the company said in the press rele...
February 5, 2018

Välinge acquires Inotec’s patent portfolio regarding fold down locking systems

Välinge has purchased all Inotec’s patents regarding one-piece fold-down systems (all-side or short-side). This patent portfolio also consists of several applications with some impressive specifications, which are expected to be granted shortly in Europe and other areas, as the company says in the p...
January 30, 2018

Välinge acquires patents from Flooring Technologies

Välinge acquired several patent families from Flooring Technologies. The patents cover, among others, various solutions of fold down profiles made in the core material as well as solutions made with a separate locking tongue. The scope of the Intellectual Property covers laminate, wood as well ...
January 24, 2018

Hancock Lumber acquires Mainely Trusses

Hancock Lumber acquires Mainely Trusses, a market-leading roof and floor truss manufacturing facility based in Fairfield, Maine. Two successful Maine businesses are joining forces with this acquisition, giving Hancock Lumber a competitive advantage with this product line in the marketplace,...
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