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.
Washington, DC, July 6, 2016—The goods and services deficit was $41.1 billion in May, up $3.8 billion from $37.4 billion in April, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.
Tempe, Arizona, July 6, 2016—The Non-Manufacturing Index (NMI) registered 56.5% in June, 3.6 percentage points higher than the May reading of 52.9%. This represents continued growth in the non-manufacturing sector at a faster rate.
Chatsworth, GA, July 5, 2016—Mattex Group has agreed to acquire the artificial grass yarn business from Low & Bonar.
Washington, DC, July 5, 2016—New orders for manufactured goods in May, down following two consecutive monthly increases, decreased $4.6 billion or 1.0% to $455.2 billion, the U.S. Census Bureau has reported.
Dalton, GA, July 5, 2016—Phenix Flooring, a division of Pharr Yarns and leading manufacturer of residential flooring products, has announced that Rick LaBenz has joined the company as regional vice president of sales for the northeast region.
Sassuolo, IT, July 5, 2016—Cersaie is launching a new initiative consisting of three Press Cafés, each to be held in a different hall at Cersaie and organized by a different magazine: AD Café, Domus Café and Interni Café.
Dalton, GA, July 1, 2016—AstroTurf filed Chapter 11 bankruptcy this week and will be acquired by SportGroup Holdings.
Long Island, NY, July 1, 2016—Jonathan Cohen, CEO of Stanton Carpet Corporation, announced on June 24 that the firm has acquired the assets of Crescent Carpet Importers.
Tempe, AZ, July 1, 2016—The May Purchasing Managers Index registered 51.3%, an increase of 0.5 percentage point from the April reading of 50.8%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Washington, DC, July 1, 2016—Construction spending during April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion, 1.8% below the revised March estimate, the U.S. Census Bureau of the Department of Commerce announced.