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Nov 27, 2024
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WFB Briefs: Nonresidential Spending Down, Footprints Floors Launches Bath and Tile Company
Nonresidential spending was down 0.4% in October to a seasonally adjusted spending at $1.228 trillion, according to an Associated Builders and Contractors analysis of data from the U.S. Census Bureau.
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Centricity and FEI Group to Offer Flooring Insurance Plan
Insurance agency Centricity and FEI Group have partnered to offer Nationwide Marketing Group’s EPIC Protect program, a comprehensive coverage plan for flooring.
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Festool’s New Winter Products are Available For Shipping
Festool’s recently released product lineup is now available for shipping.
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Housing Cost Burden Rises to Record Level in 2023
An all-time high 42.9 million households were cost burdened in 2023, according to the 2023 American Community Survey.
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Construction Job Openings at Lowest Rate Since 2020
The construction industry had 249,000 job openings the last day of October, down nearly 40% from October 2023, according to the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
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L. Fishman & Son Purchases Flooring Distributor WJ Grosvenor
Fishman Flooring Solution’s holding company L. Fishman & Son (Baltimore) purchased the northeastern flooring supplies distributor WJ Grosvenor.
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NCAA Extends Partnership with Connor Parent Gerflor USA
The NCAA extended its partnership with Gerflor USA (Bolingbrook, Ill.) brands to continue being the division’s official court provider, according to a release from Gerflor’s brand, Connor Sports.
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H.B. Fuller Sells its Flooring Business to Private Equity Firm
Adhesives company H.B. Fuller (Saint Paul, Minn.) sold its flooring business to Los Angeles private equity firm Pacific Avenue Capital Partners, the company said in a press release.
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Graf Custom Hardwood Fined $255K After Worker’s Partial Arm Amputation
Appalachian Wood Floors Inc., operating as Graf Custom Hardwood, (Portsmouth, Ohio) is facing $255,528 in fines from the Occupational Safety and Health Administration after a 23-year-old worker suffered a partial arm amputation.
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Pending Home Sales Rose 2.0% in October
Pending home sales increased 2.0% in October to a level of 77.4 on the National Association of Realtors Pending Home Sales Index.
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Kährs Plans to Localize Manufacturing and Sourcing of Flooring Products
Kährs Group (Nybro, Sweden) is bolstering its commitment to sustainability by producing and sourcing flooring products closer to its customers, it says.
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