Industrial Production Rose 0.1% in December, Down 3.1% in Q4
Washington, DC, January 17, 2024-Industrial production moved up 0.1% in December and declined 3.1% at an annual rate in the fourth quarter, according to the Federal Reserve.
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.
Import Prices Flat in December; Export Prices Down 0.9%
Washington, DC, January 17, 2024—U.S. import prices were unchanged in December, after declining 0.5% in November, the U.S. Bureau of Labor Statistics reported.
Distrib. Trade Sales & Manufacturer Shipments Up 0.2% in November
Washington, DC, January 17, 2024—The combined value of distributive trade sales and manufacturers’ shipments for November was estimated at $1,858.8 billion, up 0.2% from October 2023 and was up 1.0% from November 2022, the U.S. Census Bureau announced.
HMTX's Harlan Stone Named a Maritime Aquarium Trustee
Norwalk, CT, January 17, 2024—HMTX Industries CEO Harlan Stone was appointed to the board of trustees of The Maritime Aquarium, in recognition of his commitment to the Norwalk, Connecticut community, where HMTX is headquartered, and the environment—a combination that will help the Aquarium foster a connection between the community and the ocean.
Construction Backlog Indicator Increased to 8.6 Months in December
Washington, DC, January 16, 2024-Associated Builders and Contractors’ Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted December 20 to January 4.
Sika Forms Distribution Partnership with Professional Flooring Supply
Lyndhurst, NJ, January 16, 2024—Sika has announced a new distribution partnership with Professional Flooring Supply (PFS), a Fort Worth, Texas-based flooring and installation supply distributor that has served the flooring industry for over 45 years.
Revolution Mills Relocates to New Distribution Facility
Dalton, GA, January 16, 2024—Revolution Mills has relocated to a brand new 100,000 square foot distribution facility in Calhoun, Georgia.
BIG Increases Capital Investment in BerryAlloc
Waregem, Belgium, January 16, 2024-The Beaulieu International Group (BIG), owned by the De Clerck family, increased the capital investment in its subsidiary BerryAlloc by 42 million euros, following a write-off of 25 million euros.
Andy Piwonski Named COO of Onit
Edgewater, FL, January 16, 2024-Andy Piwonski has been named COO of Onit.
NTCA to Honor John Bridge During Surfaces Event
Jackson, MS, January 16, 2024—The National Tile Contractors Association (NTCA) has announced the recognition of industry veteran John Bridge with a special award at its upcoming ambassador reception, scheduled for January 23 at The International Surface Event (TISE) in Las Vegas.