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.
Arco, IT, June 4, 2019-Today Aquafil finalized the acquisition of 100% of O’Mara Incorporated for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA.
Jeffersonville, IN, June 4, 2019-Gilford-Johnson Flooring has announce an equity investment from Johnson Premium Hardwood Flooring and has welcomed flooring professional Bill Schollmeyer to its senior leadership team as president.
Cambridge, MA, June 4, 2019-Annual gains in homeowner spending on improvements are expected to moderate across more than half of the nation’s largest metropolitan areas in 2019, according to new projections released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Washington, DC, June 4, 2019— New orders for manufactured goods in April, down two of the last three months, decreased $4.0 billion or 0.8% to $499.3 billion, the U.S. Census Bureau reported.
Solon, OH, June 4, 2019—Tarkett has received the Re|focus Sustainability Innovation Award in the Design category for ethos Modular Carpet Tile with Omnicoat Technology.
Norwalk, CT, June 3, 2019-HMTX Industries, a $700 million global flooring supplier, has been formally established to bring its existing family companies-Halstead, Metroflor, Teknoflor, Aspecta and Vertex-together under one roof for the first time.
Washington, DC, June 3, 2019-In a sign that housing affordability is becoming a growing issue nationwide, as of the first quarter of 2019 exurbs were the only region that registered single-family permit growth on a year-over-year basis, according to the new National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).
Chicago, IL, June 3, 2019-The Chicago Floorcovering Association (CFA) has released the following statement about Illinois Senate Bill 557, carpet recycling fee legislation.
Washington, DC, June 3, 2019—Construction spending during April 2019 was estimated at a seasonally adjusted annual rate of $1,298.5 billion, nearly the same as the revised March estimate of $1,299.2 billion, according to the U.S. Census Bureau.
Tempe, AZ, June 3, 2019—The May Purchasing Managers’ Index (PMI) registered 52.1%, a decrease of 0.7 percentage point from the April reading of 52.8%, according to the Manufacturing ISM Report On Business.