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Sep 06, 2018  /  The Right News Right When It Happens
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DuPont Completes NC Expansion for Sorona Production
Wilmington, DE, September 6, 2018-DuPont Industrial Biosciences has completed the expansion of its Kinston, North Carolina manufacturing facility that produces bio-based, high-performance DuPont Sorona polymer.
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Today's Flooring News
Laticrete Establishes Scholarship for Masonry Craft Program
Bethany, CT, September 6, 2018-Laticrete has established an annual $25,000 merit-based scholarship available for students enrolled in the masonry craft specialization program at the American College of Building Arts in Charleston, South Carolina.
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Productivity Rose 2.9% in Q2
Washington, DC, September 6, 2018—Nonfarm business sector labor productivity increased 2.9% during the second quarter of 2018, the U.S. Bureau of Labor Statistics reported, as output increased 5.0% and hours worked increased 2.0%.
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Non-Manufacturing Index Rose to 58.5% in August
Tempe, AZ, September 6, 2018—The August Non-Manufacturing Index (NMI) registered 58.5%, which is 2.8 percentage points higher than the July reading of 55.7%, according to the latest Non-Manufacturing ISM Report On Business.
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Private Sector Employment Grew by 163K in August
Roseland, NJ, September 6, 2018—Private sector employment increase by 163,000 jobs from July to August according to the August ADP National Employment Report.
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Manufactured Goods Orders Fell 0.8% in July
Washinton, DC, September 6, 2018—New orders for manufactured goods in July, down following two consecutive monthly increases, decreased $3.9 billion or 0.8% to $497.8 billion, the U.S. Census Bureau reported.
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New Commercial Construction Starts Fell 9% in July
New York, NY, September 6, 2018-At a seasonally adjusted annual rate of $817.4 billion, new construction starts in July fell 9% from the elevated pace reported in June, according to Dodge Data & Analytics.
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Herman Miller Names Andi Owen President & CEO
Zeeland, MI, September 6, 2018— Andi Owen has been elected president and CEO of Herman Miller, succeeding Brian C. Walker, effective August 22.
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Job Cuts Rose 41.8% in August
Chicago, IL, September 6, 2018—The pace of downsizing in August rose to the third-highest total for the year, as U.S.-based employers announced plans to cut 38,472 jobs, according to a report released by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
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Pervanovo Acquires Veneer Producer Furnir Otok
Viken, Sweden, September 6, 2018—Pervanovo has acquired the Croatian veneer producer Furnir Otok d.o.o. from the founder Jozo Jovi.
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Featured Video
John Baugh Discusses Stifel's LVT Flooring Research
September 5—John Baugh, Managing Director with Stifel Nicolaus, and Kemp Harr discuss John's research into the LVT flooring business. Listen to
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