| | | Jun 04, 2019 / The Right News Right When It Happens | | Top Story | | | | 25% Tariff on Chinese Flooring Pushed Back to June 15 | | Washington, DC, June 4, 2019-On May 31, the U.S. Trade RepresentativeÂs Office (USTR) announced it intends to publish a notice in the Federal Register next week that extends the amount of time for importers to enter certain goods, including flooring, exported from China before the goods will be subject to an additional tariff increase from 10% to 25%. | | |
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| | Today's Flooring News | | | | Aquafil Acquires O'Mara Incorporated | | Arco, IT, June 4, 2019-Today Aquafil finalized the acquisition of 100% of OÂMara Incorporated for a total consideration equal to $40.5 million. The deal was completed through the GroupÂs U.S. subsidiary, Aquafil USA. | | |
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| | | | Artisan Design Group Acquires Heritage Carpet & Tile | | Southlake, TX, June 4, 2019-Artisan Design Group has announced the acquisition of Heritage Carpet & Tile. | | |
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| | | | Johnson Hardwood Takes Equity Position in Gilford-Johnson | | Jeffersonville, IN, June 4, 2019-Gilford-Johnson Flooring has announce an equity investment from Johnson Premium Hardwood Flooring and has welcomed flooring professional Bill Schollmeyer to its senior leadership team as president. | | |
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| | | Remodel Spending to Moderate in Half of Metro Areas in '19 | | Cambridge, MA, June 4, 2019-Annual gains in homeowner spending on improvements are expected to moderate across more than half of the nationÂs largest metropolitan areas in 2019, according to new projections released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. | | |
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| | | New Orders for Manufactured Goods Fell 0.8% in April | | Washington, DC, June 4, 2019— New orders for manufactured goods in April, down two of the last three months, decreased $4.0 billion or 0.8% to $499.3 billion, the U.S. Census Bureau reported. | | |
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| | | Tarkett Receives Re|focus Sustainability Innovation Award for Ethos | | Solon, OH, June 4, 2019—Tarkett has received the Re|focus Sustainability Innovation Award in the Design category for ethos Modular Carpet Tile with Omnicoat Technology. | | |
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| Featured Video | | | | Harlan Stone Discusses His New HMTX Corporate Brand and Chinese Tariffs | | June 4, 2019—Harlan Stone, CEO with HMTX Industries, and Kemp Harr discuss the strategy behind the new corporate umbrella brand for for Halstead | | |
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