Construction Spending Near Four-Year High in May
Washington, DC, July 1, 2013 -- Construction spending rose 0.5% in May to nearly a four-year high, according to the Commerce Department.
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.
Beaulieu Promotes Chambers to Vice President
Dalton, GA, July 1, 2013– Lynn Chambers has been promoted to vice president of employee development at Beaulieu of America.
QEP Reports Record Sales for Quarter
Boca Raton, FL, July 1, 2013 -- Q.E.P. Co. reported first quarter net income of $5.1 million or $1.56 per share, compared to $2.3 million, or $0.68 per share a year ago.
Manufacturing Rebounds in June
Tempe, AZ, July 1, 2013 -- The Institute for Supply Management headline index of manufacturing reverse course in June and rose to 50.9 from 49.0 in May.
WFCA Appoints Two Vice Presidents
Anaheim, CA, July 1, 2013 –– Cammie Weitzel has been promoted to vice president of operations and Tom Jennings has been named vice president of member services at the World Floor Covering Association.
SCS Global Names Cothran to Head Flooring Unit
Emeryville, CA, July 1, 2013 -- Third-party certifier SCS Global Services has named Carl Cothran to head its certification services for the flooring industry.
Floortek Will Feature Numerous Foreign Firms
Dalton, GA, July 1, 2013 -- Exhibitor space for FloorTek Expo 2013 is over 60% sold out, according to Wanda Ellis, executive director of the American Floorcovering Alliance.
Techmer Acquires TP Composites
Clinton, TN, July 1, 2013 -– Techmer PM, a producer of value-added colors and additives for the plastics and fiber industries, has acquired TP Composites.
Consumer Sentiment Rebounds in Late June
Ann Arbor, MI, June 28, 2013 -- Consumer sentiment rebounded in late June from the initial reading, according to the Thomson Reuters/University of Michigan index.
H.B. Fuller Reports Higher Income, Lower Sales
St. Paul, MN, June 27, 2013 -- H.B. Fuller Company reported net income for the second quarter was $25.9 million, or $0.51 per share compared to $1.9 million or $0.04 per share a year ago.