Shaw Contract Names Nau VP of Hospitality Global Accounts
Cartersville, GA, October 9, 2024—Shaw Contract has appointed Melissa Nau to the position of vice president of hospitality – global accounts.
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.
Mortgage Applications Declined 5.1% in Week Ending October 4
Washington, DC, October 9, 2024—Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 4, 2024.
Trade Deficit Narrowed by $8.5 Billion in August
Washington, DC, October 8, 2024—The goods and services deficit was $70.4 billion in August, down $8.5 billion from $78.9 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Small Business Optimism Rose to 91.5 in September
Washington, DC, October 8, 2024—The NFIB Small Business Optimism Index rose by 0.3 points in September to 91.5.
Forbo Utilizes Universal Fibers' Thrive for New Carpet Tile Line
Bristol, VA, October 8, 2024—Universal Fibers has announced the launch of Forbo Flooring Systems’ New Tessera Topology, the first collection in its Evolve+ series, using Thrive matter yarn from Universal Fibers.
Shaw Forms Partnership with PPG for Resinous Flooring
Pittsburgh, PA, and Dalton, GA, October 8, 2024—PPG has signed a strategic agreement with Shaw Industries Group to offer the PPG Flooring line of resinous flooring products.
Catherine Del Vecchio Named VP, Marketing for AHF
Mountville, PA, October 8, 2024-AHF Products has named Catherine Del Vecchio vice president, marketing, reporting to Jennifer Zimmerman, chief commercial officer.
Construction Momentum Declined 4.2% in September
Bedford, MA, October 8, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 4.2% in September to 208.6 (2000=100) from the revised August reading of 217.7. Over the month, commercial planning contracted 7.8% and institutional planning improved 5.2%.
Besse Forest Products Closes Six Mills
Gladstone, MI, October 8, 2024-"Eight months after being acquired by an equity firm, Besse Forest Products Group, a long-time distributor of Northern hardwood veneer, lumber, and specialty plywood manufacturing, has officially closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan and the assets from these facilities are now up for sale,” reports Wood Working Network.
Turner Retires from CRI, Hagan Appointed
Dalton, GA, October 8, 2024—The Carpet and Rug Institute (The CRI) has announced the retirement of Richard Turner, who has been an integral part of the organization for the past seven years and part of the carpet industry for the past 43 years, and the appointment of Darrell Hagan.