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, December 23, 2020—In the week ending December 19, the advance figure for seasonally adjusted initial claims was 803,000, a decrease of 89,000 from the previous week's revised level, according to the Department of Labor.
Washington, DC, December 22, 2020-Total existing-home sales decreased 2.5% from October to a seasonally-adjusted annual rate of 6.69 million in November, according to the National Association of Realtors. However, sales in total rose year-over-year, up 25.8% from a year ago (5.32 million in November 2019).
Flowood, MS, December 22, 2020—The National Tile Contractors Association (NTCA), the world's largest tile contractor association, elected new officers and board members for 2021 and 2022 at its annual meeting, held virtually on December 3, 2020.
Washington, DC, December 22, 2020-Real gross domestic product (GDP) increased at an annual rate of 33.4% in Q3 2020, according to the third estimate released by the Bureau of Economic Analysis.
St. Louis, MO, December 22, 2020-WILsquare Capital, a St. Louis-based private equity firm, announced that its portfolio company Crown Products has completed the acquisition of substantially all of the assets of Jer-And, a distributor of flooring and flooring installation solutions based in St. Louis.
Lancaster, PA, December 21, 2020-Armstrong Flooring will close its flooring plant near Los Angeles, California in the first quarter, according to Lancaster Today.
Calhoun, GA, December 21, 2020—Shaw Sports Turf announces that its NXTPlay high-performance shock pad product is the first Shaw turf product of any type to be Cradle to Cradle Certified.
New York, NY, December 21, 2020-The new Coronavirus relief bill could clear Paycheck Protection Program (PPP) borrowers from paying tax on their loans.
New York, NY, December 21, 2020—"Lawmakers are set to help struggling renters as part of the second $900 billion stimulus package,” reports Marketwatch in “Congress will extend eviction moratorium, fund emergency rent assistance with new stimulus deal” by Jacob Passy.
Raleigh, NC, December 18, 2020-Horizon Forest Products is pleased to announce the acquisition of Wood Pro Inc. (Auburn, Massachusetts) and Custom Wholesale (Jacksonville, Florida).