Jack Bandy, Founder of Coronet Industries, Dies of Coronavirus
Chattanooga, TN, March 30, 2020-Burl Jackson “Jack” Bandy, 93, co-founder of Coronet Industries, died March 29.
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.
Mohawk Files 8-K with SEC, Addressing Likely Impact of Covid-19 on Business
Calhoun, GA, March 30, 2020-Mohawk made the following 8-K filing with the U.S. Securities and Exchange Commission on March 27.
Pending Home Sales Rose 2.4% in February
Washington, DC, March 30, 2020—The Pending Home Sales Index (PHSI) grew 2.4% to 111.5 in February, according to the National Association of Realtors. Year-over-year contract signings increased 9.4%. An index of 100 is equal to the level of contract activity in 2001.
Confindustria Ceramica Unveiling New Collections Online Due to Pandemic
New York, NY, March 30, 2020—Confindustria Ceramica is doing an online launch of the new spring—summer 2020 product collections due to the coronavirus pandemic.
Personal Income & Spending Increased in February
Washington, DC, March 27, 2020—Personal income increased $106.8 billion (0.6%) in February, according to estimates by the Bureau of Economic Analysis.
NAHB Calls on DHS to Designate Home Building as "Essential Business"
Washington, DC, March 27, 2020-In an effort spearheaded by NAHB, 90 companies and organizations have called on the Department of Homeland Security (DHS) to designate construction of single-family and multifamily housing as an “Essential Infrastructure Business.”
Consumer Sentiment Fell 11.8% in March
Ann Arbor, MI, March 27, 2020—Consumer sentiment fell 11.8% in March to 89.1, according to final results from the University of Michigan Survey of Consumers.
Mannington Commercial Creates Hotline for Product Use in Temporary Care Facilities
Salem, NJ, March 27, 2020-Mannington Commercial announces it has established a hotline to assist with FEMA contractors and related service providers to ensure the availability of resilient sheet products for use in temporary care facilities.
Floor & Decor Executives Take Temporary Pay Cut
Atlanta, GA, March 27, 2020—Floor & Décor’s top executives will be taking temporary pay cuts due to the coronavirus pandemic, reports that Atlanta Business Chronicle
DOL Releases Guidance on "Families First Coronavirus Response Act"
Washington, DC, March 27, 2020—The U.S. Department of Labor’s Wage and Hour Division (WHD) announced more guidance to provide information to workers and employers about how each will be able to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) when it takes effect on April 1, 2020.