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.
Sassuolo, IT, June 26, 2020-The organizers of Cersaie have worked hard to explore the possibility of holding an international level trade fair, but they have had to recognize that the general conditions determined by the Covid-19 emergency make it impossible to organize an event that would come up to the show’s usual quality standards.
Washington, DC, June 26, 2020--Personal income decreased $874.2 billion (4.2%) in May, according to estimates released by the Bureau of Economic Analysis.
Ann Arbor, MI, June 26, 2020—Consumer sentiment rose 8.0% to 78.1 in June, according to final results from the University of Michigan Survey of Consumers.
Hackettstown, NJ, June 26, 2020—The National Kitchen & Bath Association (NKBA) has released the results of its modified 2020 Kitchen and Bath Market Outlook, updated to account for dramatic changes in the industry resulting from the COVID-19 crisis.
Washington, DC, June 26, 2020—John “Chuck” Fowke, a Tampa, Florida-based custom homebuilder with 40 years of experience in the home building industry, was named chairman of the National Association Home Builders (NAHB) during the association’s Spring Leadership Meeting last week after 2020 chairman Dean Mon announced he could not finish his year due to personal reasons.
Calhoun, GA, June 25, 2020-Creative Flooring Solutions (CFL)-a manufacturer of laminate, wood and luxury vinyl-will create 300 jobs and invest more than $70 million in a new manufacturing facility in Calhoun, Georgia.
Washington, DC, June 25, 2020—Real gross domestic product (GDP) decreased at an annual rate of 5.0% in Q1 2020, according to the third estimate released by the Bureau of Economic Analysis.
Lancaster, PA, June 25, 2020-Armstrong Flooring has amended its senior secured asset-based revolving credit facility ("ABL Facility"), modifying the facility size to $90 million with a maturity date in December 2023 and an interest rate on borrowings based on LIBOR with a floor of 1.00% plus a spread of 2.75% to 4.00%.
Washington, DC, June 25, 2020—New orders for manufactured durable goods in May increased $26.6 billion or 15.8% to $194.4 billion, the U.S. Census Bureau announced.
Manchester, NH, June 25, 2020-CCA Global Partners announced during a virtual meeting with members that it will be enhancing and expanding its current Healthier Living Installation System in a new program named Neutralize. The installation process destroys viruses and other contaminants before, during and after a flooring installation.