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.

Fed Raises Interest Rates to 22-Year High

Fed Raises Interest Rates to 22-Year High

Washington, D.C., July 27, 2023--Yesterday, Fed Chair Jerome Powell announced another quarter-point hike to try to temper inflation, bringing interest rates into the 5.25%–5.50% range for the first time since January 2001.

GIMIG adds Unilin’s Unigrout Technology to its Product Portfolio

GIMIG adds Unilin’s Unigrout Technology to its Product Portfolio

Waregem, Belgium, July 27, 2023-Unilin Technologies, the IP and technology division of Unilin, announces that Zhejiang GIMIG Technology Co. Ltd. is adding Unigrout grout imitation technology to its tile SPC product offering, with new SKU launches planned later this year.