F5 Finishes Lowers Proposed Deal Size for Upcoming IPO
Livermore, CA, February 4, 2020-Commercial flooring provider roll-up F5 Finishes lowered the proposed deal size for its upcoming IPO, reports Nasdaq.
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.
FCICA Names Eduardo Martinez Recipient of CIM Scholarship
West Bloomfield, MI, February 4, 2020—FCICA, the Flooring Contractors Association, in cooperation with ARDEX Americas, is pleased to announce the next recipient of the Bruce Newbrough Memorial Certified Installation Manager Program (CIM) Scholarship.
Schönox Announces Partnership with Brandon Company
Florence, AL, February 4, 2020—Schönox HPS North America, Inc. continues to augment product availability through the addition of Brandon Company, one of the largest flooring distributors in the mid-south United States.
NAFCD Announces Strategic Goals for 2020
Chicago, IL, February 4, 2020—The North American Association of Floor Covering Distributors (NAFCD) has announced its 2020 strategic goals.
Hotel CEOs Discuss Impact of Airbnb on Traditional Hotel Business
Los Angeles, CA, February 4, 2020-Hotel Interactive reports that several veteran CEOs came together at the Americas Lodging Investment Summit conference during a panel to discuss the impact of disruptor companies like AirBNB and HomeAway.
Dec. Construction Spending Down 0.2% from Nov. but Up 5% YOY
Washington, DC, February 3, 2020—Construction spending during December 2019 was estimated at a seasonally adjusted annual rate of $1,327.7 billion, 0.2% below the revised November estimate of $1,329.9 billion, according to the U.S. Census Bureau.
Beasley Buys Arkansas-Based Production Facility from Unilin NA
Hazlehurst, GA, February 3, 2020—Beasley Flooring Products recently completed the purchase of the Unilin North America flooring manufacturing facility located in Melbourne, Arkansas.
Mannington Completes Acquisition of Phenix & Pharr
Salem, NJ, February 3, 2020-Mannington Mills announced today that it has completed the acquisition of Phenix Flooring and Pharr Fibers and Yarns, located in McAdenville, North Carolina and Dalton, Georgia.
Purchasing Managers' Index Rose to 50.9% in January
Tempe, AZ, February 3, 2020—The January Purchasing Managers’ Index registered 50.9%, an increase of 3.1 percentage points from the seasonally adjusted December reading of 47.8%, according to the latest Manufacturing ISM Report On Business.
Consumer Sentiment Increased 9.4% YOY in January
Ann Arbor, MI, January 31, 2020—Consumer sentiment rose 0.5% to 99.8 in January, reports the University of Michigan Survey of Consumers.