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.
Washington, DC, May 30, 2024—In the week ending May 25, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 3,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, May 29, 2024—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 24, 2024.
Viken, Sweden, May 29, 2024—Eagle Innovative Material Technology China CO., Ltd signs license agreement to use Välinge's locking technology on its resilient products, starting with implementation of Välinge’s 5G technology in chevron products.
New York, NY, May 29, 2024-"Red Lobster became the latest national chain to enter bankruptcy when the seafood-restaurant company filed for chapter 11 this month, saying it would break leases at 108 of its 550 locations,” reports the Wall Street Journal.
New York, NY, May 29, 2024-"Chicago gave birth to the skyscraper in the late 19th century. Now, local developers and politicians are trying to keep many of today’s office towers from dying off,” reports the Wall Street Journal.
Ooltewah, TN, May 29, 2024-Vandewiele has named Kevin Whiteside to the position of executive vice president.
New York, NY, May 28, 2024-The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month.
Shanghai, China, May 28, 2024-Domotex Asia/Chinafloor opens today in Shanghai, China, running through May 30.
Columbus, OH, May 28, 2024—JR McDade CO, an ADG Company, has joined Starnet.
Viken, Sweden, May 28, 2024—On May 15, 2024, Välinge Innovation filed a patent infringement lawsuit against the Canadian flooring manufacturers and distributors Triforest Inc. and Triforest Manufacturer Inc., alleging infringement of Välinge’s patent rights.