Existing Home Sales Rose 2.0% in October to 5.6 Million
Washington, DC, November 22, 2016—Total existing-home sales grew 2.0% to a seasonally adjusted annual rate of 5.60 million in October from an upwardly revised 5.49 million in September.
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.
Armstrong Flooring Growing Main Street Business for Retail Partners
Lancaster, PA, November 22, 2016—As part of its new retail support program, Elevate, Armstrong Flooring has developed a comprehensive program to help specialty flooring retailers grow and capitalize on the burgeoning main street commercial business.
Stanton Carpet Partners with Quad-C Management
Syosset, NY, November 22, 2016—Stanton Carpet Corporation has partnered with Charlottesville, Virginia-based Quad-C Management, a leading middle market private equity investment firm with nearly $2 billion in capital under management.
Frederick Schmidt Honored as CFA Person of the Year
Chicago, IL, November 22, 2016—Frederick Schmidt has been named the 2016 Chicago Floor Covering Association (CFA) Person of the Year.
Congoleum Announces Retirement of CEO, Names Replacement
Mercerville, NJ, November 21, 2016—Congoleum Corporation has announced the retirement of CEO Robert Moran and that its board of directors has appointed Christopher O’Connor as chief operating officer effective December 1.
Hardwood Plywood Producers Initiate Anti-Dumping Dispute
Reston, VA, November 21, 2016—The Coalition for Fair Trade of Hardwood Plywood filed a petition with the U.S. Department of Commerce and the U.S. International Trade Commission asserting that imports of hardwood plywood products from China are being sold
Winners of Nightingale Awards Announced
New York, NY, November 21, 2016—Winners of the 2016 Nightingale Awards have been announced.
Only 23 States & D.C. Added Construction Jobs in October
Arlington, VA, November 21, 2016—Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor D
Fall High Point Market Registration Fell Slightly YOY
High Point, NC, November 21, 2016--Registration for the fall 2016 High Point Market, which ran from October 22 to 26, was down 2.4% compared to attendance figures for same event last year, according to the Triad Business Journal.
Empire Today Acquired by H.I.G. Capital
Northlake, IL, November 17, 2016—Empire Today announces that an affiliate of H.I.G. Capital, a global investment firm, has acquired Empire in order to support and help drive its growth initiatives.