Pervanovo, Majority Owner of Välinge, Acquires Veneer Manufacturer
Viken, Sweden, June 2, 2021-Pervanovo Invest, majority shareholder of the Välinge group, has acquired 98% of the shares in the Croatian company, Spacva d.d. in Vinkovci.
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 CEO Marvin Ellison Named Chairman of the Board
Mooresville, NC, June 2, 2021—Lowe's board of directors has elected Marvin R. Ellison, president, chief executive officer and current director of Lowe's, to the additional role of chairman of the board, effective immediately.
Homebuilding at Fastest Pace in Areas With Shortest Commute Times
Washington, DC, June 2, 2021—Homebuilding across the nation expanded the fastest in places with the shortest commute times, according to the quarterly National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).
Mortgage Applications Slid 4.0% in Last Week of May
Washington, DC, June 2, 2021—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 28, 2021.
Construction Spending Inched Up 0.2% in April
Washington, DC, June 1, 2021—Construction spending during April 2021 was estimated at a seasonally adjusted annual rate of $1,524.2 billion, 0.2% above the revised March estimate of $1,521.0 billion, according to the U.S. Census Bureau.
Total Solutions Plus Slated for October in Florida
Washington, DC, June 1, 2021—Registration opens today for Total Solutions Plus.
Dennis Szczybor Named VP of Operations for CFL
Dalton, GA, June 1, 2021-CFL Flooring North America announces new vice president of operations, Dennis Szczybor.
ISM Purchasing Managers' Index Rose to 61.2 in May, Says ActionForex
New York, NY, June 1, 2021—ISM Manufacturing Purchasing Managers' Index (PMI) rose to 61.2 in May, up from 60.7, slightly above expectation of 61.5, reports ActionForex.
Loloi Moving to New NYC Showroom
New York, NY, June 1, 2021—Loloi is moving its New York City showroom and will renovate and occupy the entire second floor at 260 5th Avenue, reports Furniture Today.
Kährs Names Lisa Gøttler to Board
Malmo, Sweden, June 1, 2021—The board of Kährs Group has appointed Lisa Gøttler a new board member as part of the company's strategic efforts to develop the digital customer journey.