| 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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