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.
Las Vegas, NV, February 3, 2022-As Welspun Flooring prepares to launch its new North American flooring product line, Welspun has committed to donating, by way of customer base support, one cent from every square foot sold in North America to the Floor Covering Education Foundation (FCEF) on its private labeled programs’ overbill of SPC, broadloom carpet and carpet tile sold.
Washington, DC, February 3, 2022—In the week ending January 29, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 23,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, February 3, 2022-New orders for manufactured goods in December, down following seven consecutive monthly increases, decreased $2.4 billion or 0.4% to $530.7 billion, the U.S. Census Bureau reported.
Philadelphia, PA, February 3, 2022—A new partnership between Mobile Marketing and Swell creates a seamless communication process between retailers and their interested customers throughout the entire buying process.
Washington, DC, February 3, 2022—Nonfarm business sector labor productivity increased 6.6% in Q4 2021, the U.S. Bureau of Labor Statistics reported, as output increased 9.2% and hours worked increased 2.4%.
Dallas, TX, February 2, 2022—An affiliate of Paceline Equity Partners, a Dallas-based private equity manager, announced it has closed the acquisition of AHF Products, a North American hard surface flooring manufacturer.
Salem, NJ, February 1, 2022-Mannington Mills has acquired Georgia Carpet Finishers, Inc., a supplier of carpet backing to the residential, hospitality and turf industries, as well as high-density polyurethane cushions.
Washington, DC, February 2, 2022—Mortgage applications increased 12.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 28, 2022.
Roseland, NJ, February 2, 2022—Private sector employment decreased by 301,000 jobs from December to January, according to the January ADP National Employment Report.
Las Vegas, NV, February 1, 2022-The International Surface Event (TISE) 2022 begins today at the Mandalay Bay Convention Center in Las Vegas, Nevada, running through February 3.