August 31, 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.
Invista Expanding SC Facility to Offer Small-Lot, Solution-Dyed Nylon 6,6
Camden, SC, August 31, 2016—A $30-million expansion at Invista’s fiber manufacturing plant in South Carolina will enable the company to rapidly respond to small-lot, carpet fiber demands.
July Pending Homes Sales Up 1.3% to 2nd Highest Level in a Decade
Washington, DC, August 31, 2016—Pending home sales rose 1.3% to 111.3 in July from a downwardly revised 109.9 in June and reached their second highest reading in over a decade, according to the National Association of Realtors.
Private Sector Employment Grew by 177,000 Jobs in August
Roseland, NJ, August 31, 2016—Private sector employment increased by 177,000 jobs from July to August according to the August ADP National Employment Report.
Carpet Recycling Stewardship Program to be Extended for Third Year
Dalton, GA, August 31, 2016—The Carpet and Rug Institute and the Carpet America Recovery Effort announce an extension of the voluntary product stewardship Program is to assist sorters of post-consumer carpet diverted from the nation's landfills.
Innovations@DOMOTEX 2017 Now Accepting Submissions
Hannover, DE, August 31. 2016—The submissions process for Innovations@DOMOTEX 2017 has begun.
Stifel Issues Update on the State of Lumber Liquidators
St. Louis, MO, August 31, 2016—The Stifel team recently met with Lumber Liquidators’ management—John Presley, CEO; Dennis Knowles, COO; and Greg Whirley, CFO—and issued the following report on the embattled company’s current state of affairs.
Registration for Surfaces/TISE Opens
Las Vegas, NV, August 31, 2016—Online registration for The International Surface Event (TISE): SURFACES I StonExpo/Marmomacc Americas I TileExpo is now open.
New York International Carpet Show Reveals Speaker Line-Up
West Hollywood, CA, August 31, 2016—New York International Carpet Show will take place September 11 through 13 at the Terminal Warehouse (27111th Avenue in Chelsea), and organizers recently released the speaker schedule for the show.
ABC Supply Acquiring USG's Distribution Business
Beloit, WI, August 31, 2016--ABC Supply Co. and USG Corporation have announced that they have entered into a definitive agreement in which ABC Supply will acquire USG’s building product distribution business, L&W Supply Corporation.
Registration Open for Carpet Technological Conference in Dalton
Dalton, GA, August 31, 2016—Nine European companies are inviting the carpet industry for their first technological conference, which will take place on September 28 at the Dalton Convention Center.
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