Meridian Adhesives Group Acquires American Sealants
Houston, TX, December 8, 2021-Meridian Adhesives Group (Meridian) announced the acquisition of American Sealants Inc (ASI).
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.
Jennifer DeGloma Named VP of Merchandising for CCA Global
Manchester, NH, December 8, 2021-CCA Global announced that consumer design expert Jennifer DeGloma has been named vice president of merchandising.
Mortgage Applications Rose 2.0% in Week Ending December 3
Washington, DC, December 8, 2021-Mortgage applications increased 2.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 3, 2021.
Inflation is A Major Concern for American Voters
New York, NY, December 8, 2021-Inflation has emerged as a pressing concern for American voters, with majorities saying it is causing them at least some financial strain and is bound to get worse, a new Wall Street Journal poll finds.
B.I.G. Yarns Investing in New Yarn Technology
Wielsbeke, Belgium, December 8, 2021—B.I.G. Yarns reveals an investment in its polyamide (PA) technology to help global carpet tile manufacturers meet the demands of the contract market.
Job Openings Rose to 11M in October
Washington, DC, December 8, 2021-The number of job openings increased to 11.0 million on the last business day of October, the U.S. Bureau of Labor Statistics reported.
HMTX Cares Raises $50K with Golf Fundraiser
Calhoun, GA, December 8, 2021-HMTX Cares held a fundraising event November 18 at Fields Ferry Golf Course in Calhoun, Georgia.
E.J. Welch Acquires Dealers Supply Company
Earth City, Missouri, December 6, 2021-E.J. Welch Company, a building materials distributor based in Earth City, Missouri, has acquired the assets of Dealers Supply Company, based in Durham, North Carolina.
Interface Announces Commercial Price Increase
Atlanta, GA, December 7, 2021—Interface is implementing a price increase of up to 10% across its commercial flooring portfolio—including carpet tile, LVT, Nora rubber and adhesives—effective with all orders shipped on or after January 3, 2022.
Q3 Productivity Down 5.2%, Largest Decline in 61 Years
Washington, DC, December 7, 2021—Nonfarm business sector labor productivity decreased 5.2% in Q3 2021, the U.S. Bureau of Labor Statistics reported, as output increased 1.8% and hours worked increased 7.4%.