Material Bank Acquires Architizer
New York, NY, June 23, 2022-Material Bank, the overnight sample distribution company for architectural, design, and construction materials, announces the acquisition of Architizer.
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.
Housing Market Slows Due to Inflated Values & Higher Interest Rates
Cambridge, MA, June 23, 2022-After a record-shattering year in 2021, the housing market is at an inflection point
Thomas Coates Named CA Carpet Stewardship Program Director
Dalton, GA, June 23, 2022-Thomas Coates has been named the new California Carpet Stewardship program director, starting July 5.
Construction Connectivity Launches Floorcloud Tech Platform
Boston, MA, June 23, 2022—Floorcloud, a technology platform developed and tested over the past two years to improve jobsite quality control, has been launched by Construction Connectivity.
Confindustria Ceramica Signs Memorandum w/ Germany to Increase Clay Imports
Sassuolo, IT, June 23, 2022-A memorandum of understanding was signed today in Munich, Germany between Confindustria Ceramica, the Italian association of ceramic manufacturers, and BKRI, the German association of producers of raw materials for ceramics and industrial minerals (Bundesverband Keramische Rohstoffe und Industrieminerale).
NeoCon 2022 Welcomed 40,000 Attendees
Chicago, IL, June 22, 2022-Last week, thousands of manufacturers, dealers, architects, designers, end-users, design organizations, and media convened at The Mart in Chicago for the 53rd annual NeoCon.
EF Announces 10% Increase on Residential & Main Street Carpet
Dalton, GA, June 22, 2022-Engineered Floors has announced a 10% price increase on all residential and main street commercial carpet products.
Mortgage Applications Rose 4.2% in Week Ending June 17
Washington, DC, June 22, 2022—Mortgage applications increased 4.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 17, 2022.
Watson of Commercial Carpet Consultants Pleads Guilty to Bid Rigging
Chicago, IL, June 22, 2022—Commercial Carpet Consultants Inc., a Chicago-based commercial flooring contractor, and its former president, Jerry P. Watson, have been charged for a long-running conspiracy to rig bids and fix prices for commercial flooring products and services, according to The United States Department of Justice.
Existing-Home Sales Declined 3.4% in May
Washington, DC, June 21, 2022-Total existing-home sales fell 3.4% from April to a seasonally adjusted annual rate of 5.41 million in May. Year-over-year, sales receded 8.6% (5.92 million in May 2021).