Non-Manufacturing Index Rose to 56.9% in May
Tempe, AZ, June 5, 2019-The Non-Manufacturing Index (NMI) for May registered 56.9%, which is 1.4 percentage points higher than the April reading of 55.5%.
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.
Domotex 2020 Theme Focuses on Health and Wellbeing
Hannover, DE, June 5, 2019—The keynote theme for the 2020 edition of Domotex is Atmysphere.
25% Tariff on Chinese Flooring Pushed Back to June 15
Washington, DC, June 4, 2019-On May 31, the U.S. Trade Representative’s Office (USTR) announced it intends to publish a notice in the Federal Register next week that extends the amount of time for importers to enter certain goods, including flooring, exported from China before the goods will be subject to an additional tariff increase from 10% to 25%.
Artisan Design Group Acquires Heritage Carpet & Tile
Southlake, TX, June 4, 2019-Artisan Design Group has announced the acquisition of Heritage Carpet & Tile.
Aquafil Acquires O'Mara Incorporated
Arco, IT, June 4, 2019-Today Aquafil finalized the acquisition of 100% of O’Mara Incorporated for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA.
Johnson Hardwood Takes Equity Position in Gilford-Johnson
Jeffersonville, IN, June 4, 2019-Gilford-Johnson Flooring has announce an equity investment from Johnson Premium Hardwood Flooring and has welcomed flooring professional Bill Schollmeyer to its senior leadership team as president.
Remodel Spending to Moderate in Half of Metro Areas in '19
Cambridge, MA, June 4, 2019-Annual gains in homeowner spending on improvements are expected to moderate across more than half of the nation’s largest metropolitan areas in 2019, according to new projections released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
New Orders for Manufactured Goods Fell 0.8% in April
Washington, DC, June 4, 2019— New orders for manufactured goods in April, down two of the last three months, decreased $4.0 billion or 0.8% to $499.3 billion, the U.S. Census Bureau reported.
Tarkett Receives Re|focus Sustainability Innovation Award for Ethos
Solon, OH, June 4, 2019—Tarkett has received the Re|focus Sustainability Innovation Award in the Design category for ethos Modular Carpet Tile with Omnicoat Technology.
HMTX Formed as Umbrella for Metroflor, Halstead & Other Brands
Norwalk, CT, June 3, 2019-HMTX Industries, a $700 million global flooring supplier, has been formally established to bring its existing family companies-Halstead, Metroflor, Teknoflor, Aspecta and Vertex-together under one roof for the first time.