| | | May 20, 2022 / The Right News Right When It Happens | | Top Story | | | | Key Dates in Armstrong Bankruptcy Proceeding Announced | | Lancaster, PA, May 20, 2022- The sale process for Armstrong Flooring will be set in a crucial bankruptcy hearing coming next week as the flooring manufacturer tries to address $317.8 million in total debt, including $160.5 million in long-term secured debt, reports Lancaster Online. | | |
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| | Today's Flooring News | | | | GDP Growth to Slow, Recession Not Expected, Says Conference Board | | Washington, DC, May 20, 2022-After expanding by 5.9% in 2021, The Conference Board expects global economic growth to slow to 2.9% this year, representing a downgrade of 1.0 percentage point from the February global economic outlook. | | |
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| | | | Confidence In Multifamily Market Declined in Q1 | | Washington, DC, May 20, 2022—Confidence in the market for new multifamily housing turned downward in Q1 2022, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). | | |
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| | | | Great Northern Expands Reach in Northwest | | Buffalo, NY, May 20, 2022-Great Northern Associates, a wholesale distributor of floorcoverings and installation supplies, has expanded its distribution reach and will now be able to supply its products and services to clients within the Western/Central New York, New England as well as New York/New Jersey-Metro markets. | | |
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| | | Beaulieu International Group Releases First Sustainability Report | | Waregem, Belgium, May 20, 2022—Beaulieu International Group (BIG) has released its inaugural sustainability report, entitled 'Here.We.Go'. | | |
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