Wally Ruttgeizer, Founder of Parterre, Has Died
Roslyn, NY, June 29, 2020—Walter (Wally) Ruttgeizer, 89, founder of Parterre Flooring, died June 13.
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.
NALFA Approves New Moisture Resistance Test Method
Washington, DC, June 29, 2020—The North American Laminate Flooring Association (NALFA) has approved a new test method to determine if assembled laminate flooring planks can be considered Moisture Resistant.
Wellmade to Invest $35 Million in Cartersville, Georgia Flooring Plant
Atlanta, GA, June 26, 2020-Wellmade Flooring will invest more than $35 million in expanding its manufacturing facilities to North Georgia.
Cersaie 2020 Italian Tile Expo Canceled - Focus Shifts to 2021
Sassuolo, IT, June 26, 2020-The organizers of Cersaie have worked hard to explore the possibility of holding an international level trade fair, but they have had to recognize that the general conditions determined by the Covid-19 emergency make it impossible to organize an event that would come up to the show’s usual quality standards.
Spending Increased 8.2% in May
Washington, DC, June 26, 2020--Personal income decreased $874.2 billion (4.2%) in May, according to estimates released by the Bureau of Economic Analysis.
June Consumer Sentiment Rose 8.0% Over May, But Still Down YOY
Ann Arbor, MI, June 26, 2020—Consumer sentiment rose 8.0% to 78.1 in June, according to final results from the University of Michigan Survey of Consumers.
NKBA Releases 2020 Kitchen & Bath Market Outlook
Hackettstown, NJ, June 26, 2020—The National Kitchen & Bath Association (NKBA) has released the results of its modified 2020 Kitchen and Bath Market Outlook, updated to account for dramatic changes in the industry resulting from the COVID-19 crisis.
Chuck Fowke Named Chairman of NAHB
Washington, DC, June 26, 2020—John “Chuck” Fowke, a Tampa, Florida-based custom homebuilder with 40 years of experience in the home building industry, was named chairman of the National Association Home Builders (NAHB) during the association’s Spring Leadership Meeting last week after 2020 chairman Dean Mon announced he could not finish his year due to personal reasons.
CFL to Invest $70M in New Manufacturing Facility in Calhoun, GA
Calhoun, GA, June 25, 2020-Creative Flooring Solutions (CFL)-a manufacturer of laminate, wood and luxury vinyl-will create 300 jobs and invest more than $70 million in a new manufacturing facility in Calhoun, Georgia.
Q1 GDP Holds Steady at a 5.0% Decline, According to Third Estimate
Washington, DC, June 25, 2020—Real gross domestic product (GDP) decreased at an annual rate of 5.0% in Q1 2020, according to the third estimate released by the Bureau of Economic Analysis.