John McPhee Named CEO of Chilewich, Succeeding Joe Sultan
New York, NY, May 2, 2022—Chilewich announced the appointment of John McPhee to succeed Joe Sultan as chief executive officer.
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.
Purchasing Managers’ Index Declined to 55.4% in April
Tempe, AZ, May 2, 2022—The April Purchasing Managers’ Index (PMI) registered 55.4%, a decrease of 1.7 percentage points from the March reading of 57.1%, according to the latest Manufacturing ISM Report On Business.
RFCI Hosts Largest-Ever Group for 2022 Member Meeting
Sea Island, GA, May 2, 2022-The Spring 2022 board of directors and associate member meeting at the Cloister on Sea Island was a resounding success, according to Resilient Floor Covering Institute (RFCI).
Galleher Announces Partnership to Plant 5,000 Trees
Santa Fe Springs, CA, May 2, 2022-Galleher, a west coast distributor, announced its partnership with the Arbor Day Foundation to plant 5,000 trees in depleted forests around the world.
FCIF Hosting 24-Hour Fundraising Drive on June 2
Dalton, GA, May 2, 2022-The Floor Covering Industry Foundation (FCIF) is launching its inaugural “One Day to Give,” a 24-hour online fundraising drive, on June 2.
Mohawk's Q1 Sales Up 13%, Earnings Up 3%
Calhoun, GA, April 29, 2022—Mohawk Industries announced net sales Q1 2022 were $3.0 billion, an increase of 13.0% over 2021’s Q1 $2.7 billion.
Aquafil & DC Foam's CARE Board Seats Terminated for Supporting NY EPR Legislation
Dalton, GA, April 29, 2022-Carpet America Recovery Effort (CARE) has terminated Aquafil and DC Foam's board seats for supporting proposed New York extended producer responsibility [EPR] legislation, which will likely pass next week.
Consumer Sentiment Rose 9.8% to 65.2 in April
Ann Arbor, MI, April 29, 2022-Consumer sentiment rose 9.8% to 65.2 in April, according to the University of Michigan Survey of Consumers.
Personal Income Rose 0.5% in March; Spending Rose 1.1%
Washington, DC, April 29, 2022-Personal income increased $107.2 billion (0.5%) in March, according to estimates released by the Bureau of Economic Analysis.
Mill Point Capital Acquires Cancos Tile Corporation
Farmingville, NY, April 29, 2022—Cancos Tile Corporation, a regional distributor and retailer of luxury ceramic tile and natural stone, has partnered with Mill Point Capital, a middle-market private equity firm focused on control- oriented investments in the business services, industrials and IT services sectors in North America.