Floordaily

Jul 27, 2023 / The Right News Right When It Happens

Top Story

Cyncly Acquires Pacific Solutions, Expands into Commercial Market

London, England, July 27, 2023 – Cyncly, a global provider of end-to-end software and content solutions, has completed the acquisition of Pacific Solutions, a leading commercial flooring business management software provider in North America.

Today's Flooring News

Fed Raises Interest Rates to 22-Year High

Washington, D.C., July 27, 2023--Yesterday, Fed Chair Jerome Powell announced another quarter-point hike to try to temper inflation, bringing interest rates into the 5.25%–5.50% range for the first time since January 2001.

June Pending Home Sales Rise 0.3% in First Increase Since February

Washington, D.C., July 27, 2023—Pending home sales registered a modest increase of 0.3% in June from the previous month--the first increase since February--according to the National Association of Realtors (NAR).

Initial Jobless Claims Decrease Slightly for Week Ending July 17

Washington, D.C., July 27, 2023--In the week ending July 22, 2023, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 7,000 from the previous week's unrevised level of 228,000.

AHF Products Named One of Fastest Growing Companies in Central PA

Mountville, PA, July 27, 2023-AHF Products has been selected by the Central Penn Business Journal (CPBJ) as one of the Fastest Growing Companies in 2023.

GIMIG adds Unilin’s Unigrout Technology to its Product Portfolio

Waregem, Belgium, July 27, 2023-Unilin Technologies, the IP and technology division of Unilin, announces that Zhejiang GIMIG Technology Co. Ltd. is adding Unigrout grout imitation technology to its tile SPC product offering, with new SKU launches planned later this year.

Dixie Group Terminates Sale/Leaseback Deal, Seeks Other Buyers

Dalton, GA, July 27, 2023-The Dixie Group has terminated the previously announced agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia.