Tim Chavey of Armstrong Flooring Has Died
Fair Oaks, CA, August 15, 2019—Timothy Chavey, technical services manager with Armstrong Flooring, died August 14 at his home.
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.
Industrial Production Fell 0.2% in July
Washington, DC, August 15, 2019—Industrial production declined 0.2 percent in July, according to the Federal Reserve.
Domo Under Review as 3rd-Party Buyer for Solvay Polyamide Biz
Brussels, Belgium, August 15, 2019—Domo is being reviewed as third-party buyer with BASF to acquire Solvay’s polyamide business.
Cali Listed on Inc. 5000 for 11th Consecutive Year
San Diego, CA, August 15, 2019—Cali Brands has been included on the Inc. 5000 Fastest Growing Private Companies list for the 11th straight year with a ranking of 2,196 for 2019.
Distributive Trade Sales & Manu. Shipments Inched Up in May
Washington, DC, August 15, 2019—The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,461.4 billion, up 0.2% from April 2019 and was up 1.5% from May 2018, according to the U.S. Census Bureau.
Mortgage Debt Reached Record High in Q2
Washington, DC, August 14, 2019—U.S. mortgage debt reached a record in Q2, exceeding its 2008 peak as the financial crisis unfolded, reports the Wall Street Journal.
Import Prices Inched Up 0.2% in July
Washington, DC, August 14, 2019—Prices for U.S. imports increased 0.2% in July, the U.S. Bureau of Labor Statistics reported, following a 1.1% decline the previous month.
Aquafil Releases 2018 Sustainability Report
Cartersville, GA, August 14, 2019—Aquafil has released its 2018 sustainability report.
ALJ, Carpets N' More Holding Co., Reports 6.1% Sales Loss in Q3
New York, NY, August 13, 2019-ALJ--a holding company, whose assets include Floors-N-More/Carpets N' More--reported a 6.1% net revenue decrease for Q3 2019.
Harlan Stone Featured in Wall Street Journal Story on Tariffs
New York, NY, August 12, 2019- Harlan Stone, CEO of HMTX Industries, is featured in a Wall Street Journal story “10% Tariffs Were Manageable. At 25%, Businesses Are Squirming.” by Chao Deng about the impact the tariff on Chinese goods has had on his vinyl flooring business.