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Jan 04, 2021 / The Right News Right When It Happens

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ACF Distributors and All Floor Supply Acquire Gardner Industries

Farmingdale, NY, January 4, 2021—ACF Distributors and All Floor Supply announce the acquisition of Gardner Industries, a full-service wholesale flooring distributor in the New York/New Jersey market.

Today's Flooring News

November Construction Spending Rose 0.9%

Washington, DC, January 4, 2020—Construction spending during November 2020 was estimated at a seasonally adjusted annual rate of $1,459.4 billion, 0.9% above the revised October estimate of $1,446.9 billion, according to the U.S. Census Bureau.

Barrington Carpet & Flooring Design Acquires Young’s Carpet One

Port Clinton, OH, January 4, 2021-Barrington Carpet & Flooring Design has acquired Young’s Carpet One Floor & Home of Port Clinton, Ohio.

Rise in Chinese Exports Creates Logjam, Reports WSJ

New York, NY, January 4, 2021—"A logjam in the global shipping industry is testing the resilience of China’s exporters, who have driven the country’s economic recovery by churning out goods to meet surging global demand during the Covid-19 pandemic,” reports the Wall Street Journal.

Purchasing Managers’ Index Down 1.8 Points to 57.5% in Nov.

Tempe, AZ, January 4, 2021—The November Manufacturing Purchasing Managers’ Index (PMI) registered 57.5%, down 1.8 percentage points from the October reading of 59.3%, according to the Manufacturing ISM Report On Business.

INSTALL Adds New Warranty Contractor & Four Alliance Partners

Washington, D.C., December 4, 2021--In the second half of 2020, INSTALL welcomed one new INSTALL Warranty Contractor (IWC) and four new Alliance Partners (AP):