Benchwick Forms Partnership with Intertek
Sacramento, CA, December 18, 2019—Benchwick flooring and wall coverings has confirmed a worldwide partnership arrangement with Intertek, a total quality assurance provider based in the United Kingdom.
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.
The Recreational Group Acquires Swisstrax and Speedway Tile
Dalton, GA, December 17, 2019—The Recreational Group, a provider of residential and commercial surfacing products, has acquired Swisstrax, a purveyor of plastic modular tiles used as floorcovering in garages, hangars and event spaces.
Industrial Production Rose 1.1% in Nov. due to GM Strike Resolution
Washington, DC, December 17, 2019-Industrial production and manufacturing production both rebounded 1.1% in November after declining in October, according to the Federal Reserve.
Housing Starts Rose 3.2% in November, 13.6% YOY
Washington, DC, December 17, 2019--Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,365,000, 3.2% above the revised October estimate of 1,323,000 and 13.6% above the November 2018 rate of 1,202,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Job Openings Rose By 7.3M in October
Washington, DC, December 17, 2019—The number of job openings edged up to 7.3 million (+235,000) on the last business day of October, the U.S. Bureau of Labor Statistics reported.
Zeftron Releases Color Trends 2020 Resource
Dalton, GA, December 17, 2019—Zeftron nylon, a premium nylon 6 solution-dyed yarn system for commercial carpets, is announcing a new design inspiration resource for commercial interior designers and tastemakers, the Zeftron Color Trends 2020.
Domotex USA to Offer Design Panel for Second Year
Chicago, IL, December 17, 2019- For the second year in a row Emily Morrow Finkell, CEO and founder of Emily Morrow Home, will sponsor and moderate a designer panel and lunch during Domotex USA from 11:30 a.m. to 1:00 p.m. on February 6.
U.S. & China Agree to Temporary Halt in Trade War, Flooring Unaffected
New York, NY, December 13, 2019-U.S. and Chinese officials announced a limited agreement to halt the trade war between the countries, with President Trump removing the threat of new tariffs on China in exchange for the country agreeing to purchases of American farm goods and other products, according to the Wall Street Journal.
MSI Opens New Showroom in Indianapolis
Orange, CA, December 16, 2019—MSI launched a new showroom and distribution center in Indianapolis, Indiana with a full offering of its flooring, countertop, decorative mosaic, wall tile, and hardscape products.
Builder Confidence Closes 2019 at 20-Year High
Washington, DC, December 16, 2019-Builder confidence in the market for newly-built single-family homes increased five points to 76 in December off an upwardly revised November reading, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).