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Sep 26, 2024 / The Right News Right When It Happens

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Shaw Consolidating Fiber Production, Resulting in Closure of Plant 6

Dalton, GA, September 26, 2024-Shaw has announced plans to consolidate select residential fiber manufacturing processes to more fully utilize its facilities with broader, more modern capabilities.

Today's Flooring News

Everhart Named CEO of Tarkett NA, Schmitt CEO of Tarkett Sports

Solon, OH, September 25, 2024-Tarkett announced the evolution of its executive management committee with the appointment of Winn Everhart to president and CEO of Tarkett North America.

Pending Home Sales Rose 0.6% in August

Washington, DC, September 26, 2024—Pending home sales in August rose 0.6%, according to the National Association of Realtors. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss.

Surfaces (TISE) Previews Lineup for 2025 Expo

Las Vegas, NV, September 26, 2024-The International Surface Event (TISE) announces registration has opened for the 2025 event, January 28 to 30 at the Mandalay Bay Convention Center.

Q2 GDP Steady at 3% in Third Estimate

Washington, DC, September 26, 2024-Real gross domestic product (GDP) increased at an annual rate of 3.0% in Q2 2024, according to the third estimate released by the U.S. Bureau of Economic Analysis. In Q1, real GDP increased 1.6%.

Durable Goods Orders Flat in August

Washington, DC, September 26, 2024-New orders for manufactured durable goods in August, up six of the last seven months, increased $0.1 billion or virtually unchanged to $289.7 billion, the U.S. Census Bureau announced.

Cosentino Announces Four Executive-Level Appointments

Coral Gables, FL, September 26, 2024-Cosentino Group has announced the promotion of four principal leaders within the company, strengthening its commitment to growth and innovation across the North American market.

Architessa Acquires Gulf Tile Distributors

Rockville, MD, September 26, 2024—As of September 20, Architessa has acquired Gulf Tile Distributors, including its Tampa, Florida showroom.

Initial Jobless Claims Declined by 4,000 in Week Ending Sept. 21

Washington, DC, September 26, 2024—In the week ending September 21, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week's revised level, according to the Department of Labor.