Existing-Home Sales Rose 2.4% in August
Washington, DC, September 22, 2020—Total existing-home sales rose 2.4% from July to a seasonally-adjusted annual rate of 6.00 million in August, according to the National Association of Realtors.
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.
TMT America Bringing Küberit Profile Systems to the U.S.
Florence, AL / Lüdenscheid, Germany, September 22, 2020-TMT America announced a strategic alliance with Küberit Profile Systems for the introduction and development of Küberit in North America.
DeBenedetto’s Commercial Flooring Joins Starnet
Columbus, OH, September 22, 2020—DeBenedetto’s Commercial Flooring has joined Starnet.
Dennis Byczynski, Veteran Carpet Sales Associate, Has Died
Cumming, GA, September 22, 2020-Dennis Byczynski, 78, a long time sales associate in the carpet industry, died September 19.
Karndean Named a Pittsburgh Top Workplace for Ninth Year
Export, PA, September 22, 2020—The U.S. corporate headquarters of Karndean Designflooring has been named one of Pittsburgh’s Top Workplaces for the ninth consecutive year by The Pittsburgh Post-Gazette.
HMTX Sues U.S. Government, Challenging Section 301 Tariff List 3
Washington, DC, September 21, 2020--On September 10, HMTX Industries, along with Halstead New England Corporation, and Metroflor Corporation--all three companies part of the HMTX corporation, run by Harlan Stone--filed a complaint (Ct. No. 20-00177) at the Court of International Trade (CIT), challenging both the substantive and procedural processes followed by the United States Trade Representative (USTR) when instituting Section 301 Tariffs on imports from China under List 3, reports JDSupra.
Mohamed Farid Khamis, Founder of Oriental Weavers, Has Died
Atlanta, GA, September 21, 2020—Mohamed Farid Khamis, 80, founder of the Oriental Weavers Group, died September 19 due to complications from a long-term illness.
E.J. Welch to Purchase Controlling Interest in T&L Distributing
Houston, TX, September 21, 2020—Tom Karol, CEO of T&L Distributing, a flooring distributors based in the Southwest, announced that a Letter of Intent has been signed for E.J. Welch Company based in St. Louis, Missouri to purchase a controlling interest in the company.
AIA Announces Winners of 2020 Library Building Awards
Washington, DC, September 21, 2020—The American Institute of Architects (AIA) and the American Library Association (ALA) are awarding four libraries with the 2020 AIA/ALA Library Building Awards for excellence in architectural design.
Consumer Sentiment Rose 6.5% to 78.9 in Early September
Ann Arbor, MI, September 18, 2020—Consumer sentiment rose 6.5% to 78.9 in early September, according to preliminary results from the University of Michigan Survey of Consumers.