| | | Jan 14, 2025 / The Right News Right When It Happens | | Top Story | | | | Bjelin Accepts $205 Million Investment from Strategic Value Partners | | Helsingborg, Sweden, January 14, 2025-Strategic Value Partners, LLC (SVP), a global alternative investment firm with approximately $19 billion of assets under management, and Bjelin Group announce the signing of an agreement whereby funds managed by SVP will make a $205 million preferred equity investment in Bjelin Group to facilitate its long-term growth ambitions. | | |
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| | Today's Flooring News | | | | Construction Backlog Indicator Inched Down to 8.3 Months in Dec. | | Washington, DC, January 14, 2025—The Construction Backlog Indicator inched down to 8.3 months in December, according to an Associated Builders and Contractors member survey conducted December 20 to January 6. | | |
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| | | | Producer Prices Rose 0.2% in December | | Washington, DC, January 14, 2024—The Producer Price Index for final demand advanced 0.2% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | Small Business Optimism Rose to 105.1 in December | | Washington, DC, January 14, 2025—The NFIB Small Business Optimism Index rose by 3.4 points in December to 105.1, the second consecutive month above the 51-year average of 98 and the highest reading since October 2018. | | |
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| | | Shaw Floors to Sponsor '25 "Pet Perfect Puppies at the Playoff" | | Dalton, GA, January 14, 2025-Shaw Floors, the flagship residential brand of Shaw Industries Group, Inc. (Shaw), announces it is an official sponsor of the 2025 College Football Playoff (CFP), capitalizing on its sponsorship with the “Pet Perfect Puppies at the Playoff” activation hosted at Playoff Fan Central. | | |
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| | | Bewry Named COO of Bonitz | | Charlotte, NC, January 14, 2025—Bonitz Inc., a specialty trade commercial contractor providing solutions in flooring, ceilings, wall systems, specialty products, and cleaning and maintenance, has named Manasseh (Manny) Bewry to the newly-created position of chief operating officer of the company. | | |
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| | | Janos Spitzer of Janos P. Spitzer Flooring Consultants Has Died | | New York, NY, January 14, 2025—Janos Spitzer, 87, founder and president of Janos P. Spitzer Flooring Consultants, died January 3. | | |
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| Featured Video | | | | Cathy Buchanan Discusses Business at Her Carpet One Store in Michigan | | January 14, 2025—Cathy Buchanan, owner of Independent Carpet One, and Kemp Harr discuss the shift in sales of better end goods, advertising and | | |
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