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.
Viken, Sweden, November 14, 2022—Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group in Sweden, has through its subsidiary Välinge Croatia signed an agreement to acquire 85% of the shares in the Croatian furniture company Spin Valis.
Washington, DC, November 11, 2022-Just 42.2% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $90,000, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).
Ann Arbor, MI, November 11, 2022—Consumer sentiment declined 8.7% to 54.7 in early November, according to preliminary results from the University of Michigan Survey of Consumers.
San Diego, CA, November 11, 2022-Jay Flynn, formerly of DCS Partnership Group and Broadlume, has been named vice president of business development for Cali.
Los Angeles, CA, November 11, 2022—In a legal business dispute waged in the United States and Mexico, a U.S. District Court judge on November 9 entered judgment on a jury’s verdict that the Mexican defendants, Luis Barroso De La Fuente and a rival company he created, conspired to breach fiduciary duties owed to their U.S. partner, City of Industry, California-based Kolay Flooring International and its owner, president and CEO Dan Mitchell.
Dalton, GA, November 11, 2022—Shaw has been awarded the 2022 St. Jude Organizational Support Award, which recognizes a partner who has found innovative ways to support the lifesaving mission of St. Jude Children’s Research Hospital through employee participation and an array of fundraising programs.
Washington, DC, November 10, 2022-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported.
Dalton, GA, November 10, 2022-The Carpet and Rug Institute (CRI) hosted its annual membership meeting on November 9 to announce new members to the board of directors and present the Joseph J. Smrekar Memorial Award for service to the carpet industry.
Washington, DC, November 10, 2022—In the week ending November 5, the advance figure for seasonally adjusted initial claims was 225,000, an increase of 7,000 from the previous week's revised level, according to the U.S. Bureau of Labor Statistics.
Washington, DC, November 10, 2022— Novalis has joined The Vinyl Sustainability Council (VSC).