I4F & Hymmen Receive U.S. Patents for Digital Printing Technologies
Hamont, Belgium, July 14, 2022—I4F and Hymmen have received notices of allowance from the U.S. Patent and Trademark Office issued for the grant of two new Hymmen U.S. patents.
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.
Atlas Concorde Investing in Slab Production in Italy
Fiorano Modenese, IT, July 14, 2022—Atlas Concorde announces an investment for the expansion of the Finale Emilia facility with a new line dedicated to the production of large porcelain slabs.
Q2 Remodeling Confidence Index Posts 10 Point Decline YOY
Washington, DC, July 14, 2022-The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining ten points compared to the second quarter of 2021.
Initial Jobless Claims Rose by 9,000 in Week Ending July 9
Washington, DC, July 14, 2022—In the week ending July 9, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 9,000 from the previous week's unrevised level of 235,000, according to the Department of Labor.
AHF Approved to Purchase Certain Assets of Armstrong
Mountville, PA, July 13, 2022—AHF Products has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, strengthening AHF Products’ leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business.
Consumer Prices Rose 1.3% in June
Washington, DC, July 13, 2022- The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3% in June on a seasonally adjusted basis after rising 1.0% in May, the U.S. Bureau of Labor Statistics reported.
Mortgage Applications Declined 1.7% in Week Ending July 8
Washington, DC, July 13, 2022—Mortgage applications decreased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2022.
Euro Hits Lowest Level Since 2002
Washington, DC, July 13, 2022—The euro hit parity with the U.S. dollar on Tuesday for the first time in 20 years, meaning that the currencies have the same worth, reports CNBC.
Brent Crude Drops Under $100/Barrel
New York, NY, July 13, 2022--Worries about an economic slowdown have stoked a rapid reversal in oil prices, which had raced higher for much of the year, reports the Wall Street Journal.
Novalis Names Eric Straumins Director of Manufacturing for NA
Dalton, GA, July 13, 2022—Novalis Innovative Flooring recently welcomed Eric Straumins as the director of manufacturing for its North American operations.