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.
Washington, DC, September 4, 2018-Construction spending during July 2018 was estimated at a seasonally adjusted annual rate of $1,315.4 billion, 0.1% above the revised June estimate of $1,314.2 billion, according to the U.S. Census Bureau.
Tempe, AZ, September 4, 2018—The August Purchasing Managers Index (PMI) registered 61.3%, an increase of 3.2 percentage points from the July reading of 58.1%, according to the latest Manufacturing ISM Report On Business.
Rome, GA, August 29, 2018—The liquidating trustee has filed suit against Beaulieu Group’s directors, officers and equity owners seeking remedy for allegedly breaking the law with fund transfers prior to bankruptcy filing in July 2017.
Hannover, DE, September 4, 2018—Management of the Domotex portfolio—which includes floorcovering events in Hannover, Shanghai, Atlanta, and Gaziantep, Turkey—has been passed from Susanne Klaproth to Sonia Wedell-Castellano.
Irvine, CA, September 4, 2018—Home prices increased nationally by 6.2% year over year from July 2017 to July 2018, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for July 2018.
Augustdorf, Germany, September 4, 2018-Ulrich Windmöller Consulting Gmbh & Co. KG (UWC) has announced that Mohawk International Services BVBA has withdrawn from a revocation action, filed via a U.K. law firm, against Windmöller patent EP 1938963 in the United Kingdom.
Viken, Sweden, September 4, 2018-Norwegian particle board producer Forestia signed a license agreement with Välinge earlier this year and is now launching particle board subfloors with a specially developed version of 2G locking technology by Välinge.
Solon, OH, August 31, 2018-Tarkett has announced the expansion of its North America accessories production capacity through the purchase of a 70,000- square-foot building adjacent to the company’s existing Chagrin Falls manufacturing facility located in Auburn Township, Ohio.
Ann Arbor, MI, August 31, 2018—August consumer sentiment fell 1.7% to 96.2 from July’s 97.9 rate, according to final results from the University of Michigan Survey of Consumers.
Washington, DC, August 30, 2018-The Office of the United States Trade Representative (USTR) has released official transcripts of testimony related to the USTR’s investigation of China under Section 301 of the Trade Act of 1974 and proposed 25% tariff.