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.

Compensation Costs Increase 0.8% in Q1

Compensation Costs Increase 0.8% in Q1

Washington, DC, April 28, 2017—Compensation costs for civilian workers increased 0.8%, seasonally adjusted, for the three-month period ending in March 2017, the U.S. Bureau of Labor Statistics reported.

Q.E.P. Acquires Halex/GCP Applied Technologies

Q.E.P. Acquires Halex/GCP Applied Technologies

Boca Raton, FL, April 27, 2017—Q.E.P. Co. has completed the acquisition of the Halex/GCPAT tackstrip and wood underlayment businesses and accompanying assets from GCP Applied Technologies (GCPAT).

BASF Grew Sales 19% YOY in Q1

BASF Grew Sales 19% YOY in Q1

Ludwigshafen, DE, April 27, 2017—BASF Group’s reports that sales rose 19% in Q1 2017 to 16.9 billion euros over Q1 2016’s 14.2 billion euros.

Pending Home Sales Fell 0.8% in March

Pending Home Sales Fell 0.8% in March

Washington, DC, April 27, 2017—The Pending Home Sales Index declined 0.8% to 111.4 in March from 112.3 in February according to the National Association of Realtors.

Pergo Disputes Classen's Claims Regarding Patent Dispute

Pergo Disputes Classen's Claims Regarding Patent Dispute

Wielsbeke, BE, April 27, 2017—On March 23, 2017, the first instance court in Dusseldorf, Germany, handed down two decisions in a legal dispute involving Pergo and Classen, relating to both parties’ patent cooperation on Fold-Down technology.