July 26, 2016
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
CarpetsPlus Colortile Announces Dates, Location for 2016 Summit
Chattanooga, TN, May 31, 2016—CarpetsPlus Colortile will hold its 2016 Summit in Pittsburgh, Pennsylvania at the Sheraton Station Square, September 24 to 26.
Recofloor Vinyl Flooring Recycling Scheme Wins Award for Excellence
Worcester, UK, May 31, 2016—Recofloor has been recognized for its extensive waste vinyl flooring recycling work with a prestigious award in the Letsrecycle.com Awards for Excellence in Recycling & Waste Management 2016.
City Floor Supply Opens Machine Repair Shop
King Of Prussia, May 31, 2016—City Floor Supply has officially opened its new machine repair shop.
BASF Announces Price Increase on Formic Acid
Ludwigshafen, DE, May 31, 2016 — BASF is raising prices for Formic Acid by $0.02 per pound in North America.
CARE Awards $2 Million in Grants to Support Carpet Recycling in CA
Sacramento, CA, May 27, 2016—CARE's California Carpet Stewardship Program has formally signed contracts to distribute approximately $2 million in grant funding for six capital improvement and three product testing projects.
Ferry Carpets Ordered to Pay Back Wages & Damages to Installers
Newark, NY, May 27, 2016— Federal authorities say that Ferry Carpets of Newark, New Jersey overworked its employees without compensating them and was ordered to pay 15 employees a combined $280,000, according to NJ.com.
Consumer Sentiment Rose 6.4% to 94.7 in May
Ann Arbor, MI, May 27, 2016—Consumer sentiment rose to 94.7 in May, according to the final results from the University of Michigan’s Survey of Consumers.
Q1 GDP Adjusted Up to 0.8% in Second Estimate
Washington, DC, May 27, 2016—Real gross domestic product increased at an annual rate of 0.8% in the first quarter of 2016, according to the second estimate released by the Bureau of Economic Analysis.
Bamboo Hardwoods Partners with All Tile and NRF Distributors
Seattle, WA, May 27, 2016—Bamboo Hardwoods has entered into two new distribution agreements with All Tile and NRF Distributors as flooring distributor partners.
Lot Shortages at Record High, Says NAHB
Washington, DC, May 27, 2016—Lot availability hit a record low according to new data from the National Association of Home Builders.
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