FloorFolio Announces Partnership with Magnetic Building Solutions
Dalton, GA, October 3, 2018—FloorFolio has announced its partnership with Magnetic Building Solutions (MBS.)
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 Reveals Details of Edge Summit
Calhoun, GA, October 2, 2018—Mohawk will unveil products, brands and programs to help its retail partners accelerate their competitive edge in the face of today’s fast-paced and changing retail world at the Edge Summit, which will be held December 6 to 9 at Gaylord Palms Resort in Kissimmee, Florida.
American OEM's Pricing Unaffected by Chinese Tariffs
Burns, TN, October 2, 2018-In light of the Trump Administration’s recent implementation of tariffs on Chinese-made goods, many companies have announced price increases; American OEM and Hearthwood Floors want to reassure our customers that we have no plans to increase the price of any products as a reaction to these tariffs.
Loloi Announces Collaboration with Rifle Paper Co.
Dallas, TX, October 2, 2018—Loloi has announced a new collaboration with international stationery and lifestyle brand Rifle Paper Co.
Tarkett Completes Acquisition of Lexmark
Paris, FR, October 1st, 2018-Tarkett has completed the acquisition of Lexmark Carpet Mills.
Construction Spending Up 6.5% YOY in August
Washington, DC, October 1, 2018—Construction spending during August 2018 was estimated at a seasonally adjusted annual rate of $1,318.5 billion, 0.1% above the revised July estimate of $1,317.4 billion, according to the U.S. Census Bureau.
Swiss Krono Set to Expand Barnwell, SC Plant
Barnwell, SC, October 1, 2018—A $200+ million, 250,000 square-foot expansion of the Swiss Krono plant in Barnwell, South Carolina has been enabled by National New Markets Fund, The Innovate Fund, Dakotas America and SunTrust Community Capital, which allocated $17 million, $11.25 million, $10 million and $7 million, respectively, in New Markets Tax Credits.
Construction Starts Fell 9% in August But Remain Up for YTD 2018
New York, NY, October 2, 2018-The value of new construction starts in August decreased 9% from the previous month to a seasonally adjusted annual rate of $741.9 billion, according to Dodge Data & Analytics.
Teknoflor Not Impacted by Chinese Tariffs
Milwaukee, WI, October 1, 2018—Teknoflor has announced that the Chinese tariffs will not affect any of its commercial flooring products or pricing.
Purchasing Managers Index Recorded Contraction in September
Tempe, AZ, October 1, 2018—The September Purchasing Managers’ Index (PMI) registered 59.8%, a decrease of 1.5 percentage points from the August reading of 61.3%, according to the latest Manufacturing ISM Report On Business.