| | | Apr 03, 2023 / The Right News Right When It Happens | | Top Story | | | | Gerflor Acquires SnapLock Industries | | Bolingbrook, IL, April 3, 2023—Gerflor, a designer and manufacturer of specialized flooring for sport, commercial and residential environments, has acquired SnapLock Industries, a developer and manufacturer in the modular surface category. | | |
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| | Today's Flooring News | | | | Beaulieu International Group Acquires Australia-Based Signature Floors | | Waregem, Belgium, April 3, 2023—Beaulieu International Group (BIG) has signed an agreement with Australian B2B flooring wholesaler Signature Floors to acquire its complete range of activities. | | |
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| | | | Four Wood Companies Merge Under Horizon Forest Products Banner | | Raleigh, NC, April 3, 2023—Four companies in the hardwood industry—Horizon Forest Products, Custom Wholesale Floors, Heritage Forest Products and Wood Pro—announced their merger into one company, Horizon Forest Products. | | |
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| | | | DMA Floors Joins Starnet | | Columbus, OH, April 3, 2023—DMA Floors has joined Starnet. | | |
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| | | Construction Spending Inched Down 0.1% in February | | Washington, DC, April 3, 2023—Construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% below the revised January estimate of $1,845.4 billion, according to the U.S. Census Bureau. | | |
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| | | Saudi-Led Oil Producers to Decrease Output, Increasing Oil Prices | | Washington, DC, April 3, 2023-"A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that upset Washington and led to a jump in crude prices amid concerns about the global economy,” reports the Wall Street Journal. | | |
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| | | Alliance Flooring Names Tami Stahl VP of Marketing & Merchandising | | Chattanooga, TN, April 3, 2023—Alliance Flooring (AFI) announces the addition of Tami Stahl as vice president of marketing and merchandising. | | |
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| | | ISM Manufacturing Index Inched Down to 46.3% in March | | Tempe, AZ, April 3, 2023—The March Manufacturing Purchasing Managers’ Index (PMI) registered 46.3%, 1.4 percentage points lower than the 47.7% recorded in February. | | |
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