SCI Flooring, Owned by Rainier, Acquires Flooring Partners
Seattle, WA, August 5, 2025-Rainier Partners and its portfolio company SCI Flooring have announced the platform’s third add-on acquisition, Flooring Partners.
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Trade Deficit Narrowed by $11.5 Billion in June
Washington, DC, August 5, 2025-The goods and services deficit was $60.2 billion in June, down $11.5 billion from $71.7 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
NTCA Announces August 2025 Education & Training Schedule
Jackson, MS, August 4, 2025—The National Tile Contractors Association (NTCA) is taking its hands-on training and education programs on the road this August, with 35 events across 16 states, including 27 free workshops and eight advanced regional trainings.
Gerflor & Volleyball World Renew Partnership
Bolingbrook, IL, August 5, 2025—Volleyball World has announced the renewal of its long-standing partnership with Gerflor.
Commercial Construction Spending Declined 0.1% in June
Washington, DC, August 4, 2025—National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.
Orders for Manufactured Goods Declined 4.8% in June
Washington, DC, August 4, 2025—New orders for manufactured goods in June, down two of the last three months, decreased $30.9 billion or 4.8% to $611.7 billion, the U.S. Census Bureau reported. This followed an 8.3% May increase.
Carpet One of New Bern Opens New Location
New Bern, NC, August 4, 2025—Carpet One of New Bern, North Carolina has opened a new location at 2804 Trent Road.
Uzin Utz Introduces Four New Adhesives
Aurora, CO, August 4, 2025—Uzin Utz North America has introduced four flooring adhesives that expand its Uzin product range.
Steelcase Acquired by HNI Corp.
Muscatine, IO, August 4, 2025—"HNI Corp. and Steelcase Inc. have entered into a definitive agreement under which HNI will acquire Steelcase in a cash and stock transaction, with a total consideration of approximately $2.2 billion to Steelcase common shareholders,” reports Furniture Today.
Interface Sales Up 8.3% in Q2 2025, Earnings Up 44.3%
Atlanta, GA, August 1, 2025—Interface announced Q2 2025 net sales totaled $375.5 million, up 8.3% from Q2 2024’s $346.6 million.