Dixie Enters Sale-Leaseback Agreement for Adairsville Distribution Center
Dalton, GA, June 6, 2023—The Dixie Group has entered into an agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia.
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.
Trade Deficit Widened by $14B in April
Washington, DC, June 7, 2023—The goods and services deficit was $74.6 billion in April, up $14.0 billion from $60.6 billion in March, revised, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.
Mannington Mills Issues First ESG Report
Salem, NJ, June 7, 2023-Mannington Mills issued its first formal corporate responsibility report, detailing its environmental, social and governance (ESG) initiatives.
FEI Group Adds Three Team Members
Marietta, GA, June 7, 2023-The FEI Group has welcomed three new team members.
Mortgage Applications Declined 1.4% in Week Ending June 2
Washington, DC, June 7, 2023—Mortgage applications decreased 1.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 2, 2023.
The World Bank Brightens Its Global Economic Outlook for 2023
Washington, DC, June 7, 2023—"The World Bank sees better global economic growth than previously estimated in 2023, thanks to resilient U.S. consumer spending and China’s faster-than-expected reopening in the early part of the year,” reports the Wall Street Journal.
QEP Making Permanent Layoffs at Harris Wood Plant
Johnson City, TN, June 7, 2023-Q.E.P, which owns the former Harris flooring plant in Johnson City, will permanently lay off dozens of employees in August, according to a WARN Notice filed with the Tennessee Department of Labor and Workforce Development (TDLWD), reports WJHL 11.
Martin Spillman Has Died
Lake Elsinore, CA, June 7, 2023—Martin Spillman, 72, died May 31.
Dixie Adds DH Floors Products to Roomvo Platform
Dalton, GA, June 7, 2023-The Dixie Group has launched DH Floors products on the Roomvo platform.
Home Construction Slowdown Less Pronounced in Lower Density Markets
Washington, DC, June 6, 2023-While single-family home building has slowed significantly from pandemic-fueled highs because of higher interest rates and construction costs, the slowdown is less pronounced in lower density markets.