| | | May 02, 2022 / The Right News Right When It Happens | | Top Story | | | | Bauwerk Group (Boen) Acquires Somerset Hardwood | | St. Margrethen, Switzerland, May 2, 2022—Swizerland-based Bauwerk Group AG has announced the acquisition of Somerset Hardwood Flooring, a vertically integrated forest products company based in Somerset, Kentucky, effective May 1. | | |
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| | Today's Flooring News | | | | March Construction Spending Rose 0.1% from Feb., 11.7% YOY | | Washington, DC, May 2, 2022—Construction spending during March 2022 was estimated at a seasonally adjusted annual rate of $1,730.5 billion, 0.1% above the revised February estimate of $1,728.6 billion, according to the U.S. Census Bureau, and 11.7% above the March 2021 estimate of $1,548.6 billion. | | |
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| | | | Välinge Ramping Up Hardwood Wood Capacity, Adding Factory in Croatia | | Viken, Sweden, May 2, 2022—Välinge is ramping up capacity for its Hardened Wood Floors featuring its patented Woodura capacity in Viken, Sweden and setting up a mega-factory in Ogulin, Croatia. | | |
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| | | | John McPhee Named CEO of Chilewich, Succeeding Joe Sultan | | New York, NY, May 2, 2022—Chilewich announced the appointment of John McPhee to succeed Joe Sultan as chief executive officer. | | |
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| | | Purchasing Managers’ Index Declined to 55.4% in April | | Tempe, AZ, May 2, 2022—The April Purchasing Managers’ Index (PMI) registered 55.4%, a decrease of 1.7 percentage points from the March reading of 57.1%, according to the latest Manufacturing ISM Report On Business. | | |
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| | | RFCI Hosts Largest-Ever Group for 2022 Member Meeting | | Sea Island, GA, May 2, 2022-The Spring 2022 board of directors and associate member meeting at the Cloister on Sea Island was a resounding success, according to Resilient Floor Covering Institute (RFCI). | | |
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| | | Galleher Announces Partnership to Plant 5,000 Trees | | Santa Fe Springs, CA, May 2, 2022-Galleher, a west coast distributor, announced its partnership with the Arbor Day Foundation to plant 5,000 trees in depleted forests around the world. | | |
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| | | FCIF Hosting 24-Hour Fundraising Drive on June 2 | | Dalton, GA, May 2, 2022-The Floor Covering Industry Foundation (FCIF) is launching its inaugural “One Day to Give,” a 24-hour online fundraising drive, on June 2. | | |
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| Featured Video | | | | Kent Clauson Discusses Emser's Growth and the Hospitality Design Show in Vegas | | May 2, 2022—Kent Clauson, VP of Commercial Sales at Emser Tile, and Kemp Harr discuss last week’s HD Show in Las Vegas and Emser’s g | | |
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