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Feb 03, 2020  /  The Right News Right When It Happens
Top Story
Mannington Completes Acquisition of Phenix & Pharr
Salem, NJ, February 3, 2020—Mannington Mills announced today that it has completed the acquisition of Phenix Flooring and Pharr Fibers and Yarns, located in McAdenville, North Carolina and Dalton, Georgia.
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Today's Flooring News
Beasley Buys Arkansas-Based Production Facility from Unilin NA
Hazlehurst, GA, February 3, 2020—Beasley Flooring Products recently completed the purchase of the Unilin North America flooring manufacturing facility located in Melbourne, Arkansas.
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Dec. Construction Spending Down 0.2% from Nov. but Up 5% YOY
Washington, DC, February 3, 2020—Construction spending during December 2019 was estimated at a seasonally adjusted annual rate of $1,327.7 billion, 0.2% below the revised November estimate of $1,329.9 billion, according to the U.S. Census Bureau.
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Purchasing Managers' Index Rose to 50.9% in January
Tempe, AZ, February 3, 2020—The January Purchasing Managers’ Index registered 50.9%, an increase of 3.1 percentage points from the seasonally adjusted December reading of 47.8%, according to the latest Manufacturing ISM Report On Business.
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Featured Video
John Wu Discusses Novalis' New Products for 2020 and His U.S. Manufacturing News
February 3, 2020—John Wu, CEO with Novalis, and Kemp Harr discuss the Novalis' new Nova Floor products for 2020 as well as the firm’s plan
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