Rieter of Switzerland Acquires SSM Textile Machinery Division
Winterthur, Switzerland, July 3, 2017—On June 30, Rieter acquired the SSM Textile Machinery Division (SSM) from Schweiter Technologies AG, Horgen (Switzerland).
Today's Flooring News
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Keene Purchases Village Plastics Company
Cleveland, OH, July 3, 2017—Keene Family of Companies announces an addition to its portfolio: Village Plastics Company.
CFI Releases Convention and Training Schedule Details
Lenexa, WS, July 3, 2017—Certified Flooring Installers will hold its annual convention at the Rosen Shingle Creek Resort in Orlando, Florida, August 16 to 18. Registration is available here: https://www.cficonvention.com.
Personal Income Rose 0.4% in May, Spending Up 0.1%
Washington, DC, June 30, 2017—Personal income increased $67.1 billion (0.4%) in May according to estimates released by the Bureau of Economic Analysis.
June Consumer Sentiment Fell 2.1% from May, Still Up 1.7% YOY
Ann Arbor, MI, June 30, 2017—Consumer sentiment fell 2.1% to 95.1 in June, following May’s 97.1 reading, according to the University of Michigan’s Survey of Consumers final results.
Lumber Liquidators Names Lee Reeves as SVP/CLO
Toana, VA, June 30, 2017—Lumber Liquidators has appointed Lee Reeves as senior vice president, chief legal officer and corporate secretary.
Daltile Held Advisory Member Meeting
Dallas, TX, June 30, 2017—Daltile recently held its bi-annual meeting with key customer advisory board members to ensure the Daltile Statements Dealer Program continues to be a relevant and effective tool for retail partners.
Q1 GDP Revised Up to 1.4%
Washington, DC, June 29, 2017—Real gross domestic product (GDP) increased at an annual rate of 1.4% in the first quarter of 2017, according to the third estimate released by the Bureau of Economic Analysis.
Florida Court Issues Ruling in Unilin Patent Infringement Case
Wielsbeke, Belgium, June 28, 2017—A United States District Court in Florida, on June 22, 2017, awarded damages to Unilin and granted permanent injunctions in Unilin’s favor following a finding of infringement of patents relating to Unilin’s bevel or “v-groove” technology and Unilin’s embossed-in-register technology.
Clear Path Recycling Wins GE's Ecomagination Leadership Award
Trevose, PA, June 29, 2017—GE Water & Process Technologies has honored Clear Path Recycling with its Ecomagination Leadership and Return on Environment (ROE) awards to recognize the plastic bottle recycling operation for its noteworthy reductions in chemical usage and cost.