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.
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.
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.
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.
Dalton, GA, July 13, 2022—Novalis Innovative Flooring recently welcomed Eric Straumins as the director of manufacturing for its North American operations.
Dalton, GA, July 13, 2022—Shaw Industries and Emser have been named to Selling Power magazine’s 50 Best Companies to Sell For list in 2022.
London, UK, July 12, 2022—Compusoft + 2020, a global provider of end-to-end software and content solutions to the spaces for the living industry, has completed the acquisition of Resource and Financial Management Systems Inc. (RFMS), a business management software provider serving the flooring market.
Lancaster, PA, July 12, 2022-Armstrong Flooring announced that, in continuation of its ongoing Chapter 11 restructuring, the auction held as a part of its court-supervised sale process has concluded with the following bids deemed as the highest and best offers:
New York, NY, July 12, 2022-Nemo Tile + Stone has announced the acquisition of Tile Market of Delaware.
New York, NY, July 12, 2022—In the month of May, Italy jumped to first place in ceramic tile imports with 3.4 million square meters, followed by Spain 2.9 million square meters, Mexico 2.7 million square meters, India 2.46 million square meters, Turkey 2.4 million square meters and Brazil 1.8 million square meters, reports Grosser Consulting.
St. Louis, MO, July 12, 2022—EJ Welch Company, a division of Center Rock Capital Partners’ Merit Distribution Group based in St. Louis, Missouri, is continuing along its path of expansion in the flooring industry by expanding its leadership team.