Patcraft Names April Blackadder Regional VP for NY and NJ
Cartersville, GA, September 8, 2017—Patcraft is pleased to announce its newest regional vice president for New York and New Jersey, April Blackadder.
Today's Flooring News
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.
EarthWerks Holds Distributor Meeting in Houston
Houston, TX, September 8, 2017—The EarthWerks distributor network came to Houston to learn of the brand’s latest flooring innovations.
Q2 Productivity Rose 1.5%
Washington, DC, September 7, 2017—Nonfarm business sector labor productivity increased 1.5% during the second quarter of 2017, the U.S. Bureau of Labor Statistics reported, as output increased 4.0% and hours worked increased 2.5%.
Submission Period for Carpet Design Awards Closes November 1
Hannover, DE, September 7, 2017—Designers and makers of modern hand-made carpets have until November 1 to submit their entries for the Carpet Design Awards.
Cali Bamboo Names Doug Jackson as Chief Revenue Officer
San Diego, CA, September 7, 2017—Cali Bamboo has named industry veteran as its new chief revenue officer.
Deutsche Messe Restructures Marketing & PR Division
Hannover, DE, September 7, 2017—Deutsche Messe's supervisory board granted approval for the decentralization of the company's marketing and PR division.
Monroe Capital Supported Tower Three's Acquisition of Parterre
Chicago, IL, September 7, 2017—Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Parterre Flooring & Surface Systems by private equity sponsor Tower Three Partners.
Nora Publishes HPDs for Norament and Noraplan Lines
Salem, NH (Sept. 5, 2017) -- nora systems, Inc., a leading manufacturer of premium rubber floor coverings, recently published Health Product Declarations (HPDs) for norament standard and noraplan standard floorcoverings.
Tower Three Partners Takes Controlling Interest in Parterre
Greenwich, CT, September 6, 2017—Tower Three Partners, a operationally-oriented private equity firm that invests in a concentrated portfolio of U.S.-based middle market companies, has made a controlling investment in Parterre Flooring Systems.
Service Sector Expanded in August
Tempe, AZ, September 6, 2017—The Non-Manufacturing Index for August registered 55.3%, which is 1.4 percentage points higher than the July reading of 53.9%, says the latest Non-Manufacturing ISM Report On Business.