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.
Brussels, BE, May 31, 2017—Balta plans to raise 264 million euros ($295.0 million) in its initial public offering on the Brussels stock exchange, selling its shares at between 13.25 and 16.00 euros a piece, according to Reuters.
Red Bank, NJ, May 31, 2017—Innocor—a producer of polyurethane foam products, including carpet cushion—has named Bill Wagner senior vice president of Innocor Foam Technologies.
Washington, DC, May 30, 2017—Personal income increased 0.4% to $58.4 billion in April, according to estimates released by the Bureau of Economic Analysis.
New York, NY, May 30, 2017—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.8% annual gain in March, up from 5.7% last month and setting a 33-month high.
Toano, VA, May 30, 2017—Lumber Liquidators has appointed Timothy J. Mulvaney as senior vice president, chief accounting officer, who will report to Marty Agard, the company's chief financial officer.
Ann Arbor, MI, May 26, 2017—Consumer sentiment closed May 2017 at a rate of 97.1, a 0.1% increase over April’s 97.0 rate, according to final results from the University of Michigan Survey of Consumers.
Washington, DC, May 26, 2017—Real gross domestic product (GDP) increased at an annual rate of 1.2% in the first quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis.
Arlington, VA, May 26, 2017—The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped seven points to 48 in the first quarter of 2017. The MPI has not had a reading of under 50 since the fourth quarter of 2011.
Washington, DC, May 26, 2017—New orders for manufactured durable goods in April decreased $1.6 billion or 0.7% to $231.2 billion, the U.S. Census Bureau announced.
Parsippany, NJ, May 26, 2017—AdvanSix is making the following price change announcement effective June: an increase of $0.07/pound for caprolactam and nylon 6 resin.