Inside Edge Acquires JKP Flooring
Eagan, MN, July 13, 2021-Inside Edge has announced the acquisition of JKP Flooring, commercial flooring installation specialists based in Placentia, California.
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.
June Consumer Prices Rose 0.6%, Highest Rate of Increase in 13 Years
Washington, DC, July 13, 2021—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9% in June on a seasonally adjusted basis after rising 0.6% in May, the U.S. Bureau of Labor Statistics reported.
Small Business Optimism Rose 2.9 Points to 102.5 in June
Washington, DC, July 13, 2021—The NFIB Optimism Index increased 2.9 points in June to 102.5, the first time the Index exceeded 100 since November 2020. Seven of the ten Index components improved and three declined. The NFIB Uncertainty Index increased four points to 83.
Ceramics of Italy Accepting Applications for '21 Young Distributor Program
New York, NY, July 13, 2021-Ceramics of Italy is currently accepting applications for the 2021 Young Distributor Program, from which selected candidates will travel to Italy for Cersaie 2021.
American Floorcovering Alliance Hosting Golf Event Before FloorTek
Dalton, GA, July 13, 2021—The American Floorcovering Alliance will be holding a golf tournament in conjunction with the FloorTek Expo 2021.
NAHB Opens Submissions for 2021 Awards Programs
Washington, DC, July 13, 2021—The National Association of Home Builders (NAHB) has announced that its 2021 awards programs are now open.
Kährs Names Johan Lundgren Nordic Chief Commercial Officer
Malmö, Sweden, July 13, 2021—Kährs announced plans to reshape its commercial team with the addition of Johan Lundgren, who will take over as the Nordic chief commercial officer September 1.
Dodge Momentum Slipped 5% in June Due to Raw Material Costs/Labor Shortages
Hamilton, NJ, July 12, 2021-Following six months of consecutive gains, the Dodge Momentum Index fell to 165.8 (2000=100) in June, down 5% from the revised May reading of 175.1.
Diverzify Acquires Select Prefab Solutions
Chicago, IL, July 12, 2021-Diverzify is acquiring Florida-based Select Prefab Solutions, a specialist in Underfloor Air Distribution (UFAD) and raised floor systems, to meet increased market demand for comprehensive “healthy building” services.
Kitchen & Bath Market Spending Expected to Rise 21.4% in 2021
Hackettstown, NJ, July 12, 2021—In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.