Tina Wicander Crossland Has Purchased WE Cork
Exeter, NH, January 26, 2023-WE Cork-provider of cork flooring, underlayment, wall coverings, and accessories-has announced the purchase of the company by Tina (Wicander) Crossland.
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.
Initial Jobless Claims Declined by 6,000 in Week Ending January 21
Washington, DC, January 26, 2023—In the week ending January 21, the advance figure for seasonally adjusted initial claims was 186,000, a decrease of 6,000 from the previous week's revised level, according to the Department of Labor.
Live Ventures Equity Firm Acquires Flooring Liquidators
Las Vegas, NV, January 20, 2023--Live Ventures Inc., a diversified holding company, has acquired the outstanding equity interests of Flooring Liquidators Inc., a leading retailer and installer of floors, carpets and countertops in California and Nevada.
Orders for Manufactured Goods Rose 5.6% in December
Washington, DC, January 26, 2023-New orders for manufactured durable goods in December, up four of the last five months, increased $15.3 billion or 5.6% to $286.9 billion, the U.S. Census Bureau announced.
CARE Adds Five Additional Recycling Drop-Off Sites in CA
Dalton, GA, January 26, 2023-CARE has reached the convenient collection goals set for 2022 by CalRecycle with the addition of these recycling drop-off sites:
CARE Amends Five-Year Plan to CalRecycle, Following Disapproval
Dalton, GA, January 25, 2023-On January 17, CARE submitted a revised five-year plan to CalRecycle.
Mortgage Applications Rose 7.0% in Week Ending January 20
Washington, DC, January 25, 2023—Mortgage applications increased 7.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 20, 2023.
CRI President Joe Yarbrough Announces Retirement
Dalton, GA, January 25, 2023-After 55 years serving the carpet industry, Joe Yarbrough, president of The Carpet and Rug Institute (CRI), announced his intent to retire later this year.
TCNA Changing Name of Lab to Intl. Product Assurance Laboratories
Clemson, SC, January 25, 2023-The Tile Council of North America (TCNA) Product Performance Testing Laboratory is changing its name to International Product Assurance (IPA) Laboratories.
U.S. Economy Slows But Europe's Stabilizes
New York, NY, January 25, 2023—"Two of the world’s largest economies moved in opposite directions at the start of the year, with U.S. businesses reporting further declines in activity in January while the eurozone saw a modest pickup,” reports the Wall Street Journal.