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Nov 15, 2018  /  The Right News Right When It Happens
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Armstrong to Sell Wood Flooring Business to American Industrial Partners
Lancaster, PA, November 15, 2018-Armstrong Flooring has entered into a definitive agreement to sell its wood flooring segment to an affiliate of American Industrial Partners (AIP) for a purchase price of $100 million, subject to customary adjustments for working capital, debt, and other matters.
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Today's Flooring News
Architectural Billings Softened but Remained Positive in Sept.
Washington, DC, November 15, 2018-AIA’s Architecture Billings Index (ABI) score for October was 50.4 compared to 51.1 in September, according to a new report from The American Institute of Architects (AIA).
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Mullican Announces Partnership with Building Plastics
Johnson City, TN, November 15, 2018-Mullican Flooring has announced a new partnership with Building Plastics, a wholesale floorcovering and decorative surfaces distributor.
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CRI Holds Annual Membership Meeting, Elects 2019 BOD
Dalton, GA, November 14, 2018—The Carpet and Rug Institute (CRI) held its annual membership meeting where it covered budgets for both 2018 and 2019, reviewed the 2017 audit report and voted in the 2019 board of directors and board officers as well as the 2019 policy committee.
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Distrib. Trade Sales & Manu. Shipments Up 6.6% YOY in Sept.
Washington, DC, November 15, 2018—The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,468.0 billion, up 0.4% from August 2018 and was up 6.6% from September 2017, the Census Bureau announced.
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Retail Sales Rose 4.6% YOY in October
Washington, DC, November 15, 2018—Advance estimates of U.S. retail and food services sales for October 2018 were $511.5 billion, an increase of 0.8% from the previous month, and 4.6% above October 2017, the U.S. Census Bureau announced.
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Royal Thai’s Wardlaw Wins CRI's Joseph J. Smrekar Memorial Award
Dalton, GA, November 15, 2018-The Carpet and Rug Institute (CRI) presented the Joseph J. Smrekar Memorial Award to David Wardlaw, technical director for Royal Thai, at the annual membership meeting.
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Doug Clark Named SVP Supply Chain for Lumber Liquidators
Toano, VA, November 15, 2018-Lumber Liquidators has announced that Doug Clark has been promoted to senior vice president, supply chain.
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Shaw Adds Engineered Wood to Commercial Offering
Cartersville, GA, November 15, 2018—Shaw Contract has added an engineered hardwood product line to commercial interiors.
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Featured Video
Ralph Grogan Discusses the Progress He's Made at Parterre in the Past Year
November 15, 2018—Ralph Grogan, President of Parterre Flooring, and Kemp Harr discuss the new products, sales structure, and market focus decisi
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