Bonitz and Measure Square Announce Strategic Partnership
Columbia, SC, June 29, 2017—Bonitz Flooring Group, a division of Bonitz Inc., and Measure Square Corp. have come together to announce a new strategic partnership.
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.
Engineered Floors Completes Fifth Expansion of SAM Plant
Dalton, GA, June 28, 2017—To continue to meet customer demand, Engineered Floors recently completed the fifth phase of expansion to SAM, the largest single-site carpet manufacturing plant in the world.
Pending Home Sales Fell 0.8% in May
Washington, DC, June 28, 2017—The Pending Home Sales Index decreased 0.8% to 108.5 in May from a downwardly revised 109.4 in April. The index is now 1.7% below a year ago, which marks the second straight annual decline and the most recent since November and December of last year.
KB Home Revenues Up 24% YOY to $1.0 Billion in Q2 2017
Los Angeles, CA, June 28, 2017—KB Home reported revenue of $1.00 billion for Q2 2017, a 24% increase over Q2 2016’s $808.5 million.
J+J Releases Shift Volume 2
Dalton, GA, June 28, 2017—J+J Flooring Group has released Volume 2 of Shift, a publication designed to change perspectives and spark new ideas in commercial flooring applications using the J+J product portfolio.
European Patent Office Confirms Pergo’s Folddown Patent
Wielsbeke, Belgium, June 28, 2017—On June 23, the Opposition Division of the European Patent Office (EPO) confirmed the validity of Pergo’s folddown patent EP 2 009 195 B1, which relates to folddown systems in flooring panels.
Construction Employment Increased in 243 Metro Areas in May YOY
Arlington, VA, June 28, 2017—Construction employment increased in 243 out of 358 metro areas between May 2016 and May 2017, declined in 59 and stagnated in 54, according to a analysis of federal employment data released by the Associated General Contractors of America.
Uptick in Seller Optimism May Yield More Homes on the Market, NAR
Washington, DC, June 27, 2017—Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings.
Bostik Upgrades to Official Partnership of Tour de France
Paris, FR, June 27, 2017—Bostik has upgraded from sponsorship to official partnership of the Tour de France for 2017 and 2018 cycling events.
Home Prices Rose 5.6% in April, Says S&P CoreLogic Case-Shiller
New York, NY, June 27, 2017—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in April, down from 5.6% last month.