Cali Once Again Named to Inc. 5000 Fastest Growing List
San Diego, CA August 18, 2021—Cali has been included on the Inc. 5000 Fastest Growing Private Companies list for the 13th consecutive year.
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.
Laticrete Unveils Plastic-Free Grout Channel Sampling
Bethany, CT, August 18, 2021-Laticrete has unveiled an eco-friendly alternative to the plastic grout channels currently utilized in the market for color sampling.
CTEF Raises $40K in Donations
Pendleton, SC, August 18, 2021-The Ceramic Tile Education Foundation (CTEF) acknowledges the individuals who responded to the $10,000 matching grant from the National Tile Contractors Association (NTCA) to financially support CTEF.
Daltile Partnering with SCAD Students
Dallas, TX, August 18, 2021—Daltile is pleased to announce its involvement in a partnership program with students from The Savannah College of Art and Design (SCAD).
America's Floor Source Acquires JP Flooring
Columbus, OH, August 17, 2021-Columbus-based America’s Floor Source (AFS) has acquired JP Flooring, one of the longest established flooring retailers in the Cincinnati area. This acquisition includes JP’s 100,000-square-foot facility in West Chester, Ohio, which consists of a warehouse, office space, and a showroom.
Builder Confidence Slid 5 Points to 75 in August
Washington, DC, August 17, 2021—Higher construction costs and supply shortages along with rising home prices pushed builder confidence to its lowest reading since July 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder sentiment in the market for newly built single-family homes fell five points to 75 in August.
Retail Sales Declined 1.1% in July, Rose 15.8% YOY
Washington, DC, August 17, 2021—Advance estimates of U.S. retail and food services sales for July 2021 were $617.7 billion, a decrease of 1.1% from the previous month, but 15.8% above July 2020, according to the U.S. Census Bureau.
Industrial Production Rose 0.9% in July
Washington, DC, August 17, 2021—Industrial production increased 0.9% in July after moving up 0.2% in June, according to the Federal Reserve.
Distrib. Trade Sales & Manufacturers' Shipments Up 1.4% in June
Washington, DC, August 17, 2021—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,640.8 billion, up 1.4% from May 2021 and was up 19.9% from June 2020.
American OEM Acquired by AHF Products
Dalton, GA August 16, 2021-American OEM, based in Burns, Tennessee, has been acquired by AHF Products of Mountville, Pennsylvania.