KBIS 2019 Registration Now Open
Alpharetta, GA, September 5, 2018-Registration is now open for the 2019 Kitchen & Bath Industry Show (KBIS), owned by the National Kitchen & Bath Association (NKBA).
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.
Construction Spending Increases, Craft Workers Still In Short Supply
Arlington, VA, September 5, 2018-Construction spending increased 0.1% from June to July and 5.2% for seven months of 2018 combined, with year-to-date growth for most major public and private categories, according to an analysis of new government data by the Associated General Contractors of America.
CFI Convention Attendees Hear fcB2B Report on Installation Crisis
Forney, TX, September 5, 2018-The 2018 CFI Convention took place August 15 to 17 at the Rosen Shingle Creek Resort in Orlando, Florida.
July Construction Spending Rose 5.8% YOY
Washington, DC, September 4, 2018-Construction spending during July 2018 was estimated at a seasonally adjusted annual rate of $1,315.4 billion, 0.1% above the revised June estimate of $1,314.2 billion, according to the U.S. Census Bureau.
Purchasing Managers Index Expanded to 61.3% in August
Tempe, AZ, September 4, 2018—The August Purchasing Managers Index (PMI) registered 61.3%, an increase of 3.2 percentage points from the July reading of 58.1%, according to the latest Manufacturing ISM Report On Business.
Debtor Trustee Files Suit Against Beaulieu’s Officers & Directors
Rome, GA, August 29, 2018—The liquidating trustee has filed suit against Beaulieu Group’s directors, officers and equity owners seeking remedy for allegedly breaking the law with fund transfers prior to bankruptcy filing in July 2017.
Domotex Announces Management Changes
Hannover, DE, September 4, 2018—Management of the Domotex portfolio—which includes floorcovering events in Hannover, Shanghai, Atlanta, and Gaziantep, Turkey—has been passed from Susanne Klaproth to Sonia Wedell-Castellano.
July Home Prices Rose 6.2% YOY, Says CoreLogic
Irvine, CA, September 4, 2018—Home prices increased nationally by 6.2% year over year from July 2017 to July 2018, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for July 2018.
Mohawk Intl. Services Withdraws Legal Action Against Windmöller
Augustdorf, Germany, September 4, 2018-Ulrich Windmöller Consulting Gmbh & Co. KG (UWC) has announced that Mohawk International Services BVBA has withdrawn from a revocation action, filed via a U.K. law firm, against Windmöller patent EP 1938963 in the United Kingdom.
Forestia Launching Particle Board Subflooring with Välinge 2G Lock
Viken, Sweden, September 4, 2018-Norwegian particle board producer Forestia signed a license agreement with Välinge earlier this year and is now launching particle board subfloors with a specially developed version of 2G locking technology by Välinge.