U.S. Homeowners Are Accumulating & Holding Onto Wealth
New York, NY, July 10, 2018—U.S. homeowners are accumulating wealth but are less likely to cash in on their newfound wealth than during previous housing booms, reports CNBC.
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.
Lowe's Realigns Leadership Structure
Mooresville, NC, July 10, 2018—Lowe’s has announced a new leadership structure with simplified roles and responsibilities to drive operational excellence.
MSI Opens Expanded Showroom in Phoenix
Phoenix, AZ, July 9, 2018—MSI has announced the opening of its expanded and upgraded showroom and distribution center in Phoenix, Arizona.
Construction Employment Rose to Decade-High Level in June
Arlington, VA, July 9, 2018—Construction employment increased by 13,000 jobs in June and by 282,000 jobs over the past year, reaching a ten-year high, according to an analysis of new government data by the Associated General Contractors of America.
Cersaie Announces The Sound of Design Collective Exhibition
Bologna, IT, July 9, 2018—The Sound of Design—Italian Style Contract is the title of this year’s collective exhibition at Cersaie, the international ceramic tile and bathroom furnishings show to be staged in Bologna from September 24 to 28.
Schönox Releases Leveler Pairing Benefits of Syn. Gypsum & Cement
Florence, AL, July 9, 2018—The Schönox family of self levelers has grown with the addition of two compounds—AP Rapid and AP Rapid Plus.
Trade Deficit Narrowed to 19-Month Low in May
Washington, DC, July 6, 2018—May exports were $215.3 billion, $4.1 billion more than April exports, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Payrolls Rose in Late June, Unemployment Up to 4%
Washington, DC, July 6, 2018—In the week ending June 30, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 3,000 from the previous week's revised level.
Artisan Design Group Acquires Decor Flooring & Kermans Flooring
Southlake, TX, July 6, 2018—Artisan Design Group is excited to announce its most recent acquisitions: Decor Flooring and Kermans Flooring.
Beaulieu International Group Acquiring Beaulieu Canada & Australia
Waregem, Belgium, July 4, 2018—Beaulieu International Group (B.I.G.) announces the acquisition of two privately owned companies, Beaulieu Canada and Beaulieu Australia, which will be integrated into its Flooring Solutions business unit.