| | | Jun 16, 2022 / The Right News Right When It Happens | | Top Story | | | | Housing Starts Declined 14.4% in May | | Washington, DC, June 16, 2022—Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, 14.4% below the revised April estimate of 1,810,000 and 3.5% below the May 2021 rate of 1,605,000, according to the U.S. Census Bureau. | | |
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| | Today's Flooring News | | | | AdvanSix Announces Price Increase on Nylon 6 & 6/66 | | Chattanooga, TN, June 16, 2022—Due to increases in raw materials prices and continued demand for nylon 6, 6/66 and nylon 6 intermediates, AdvanSix will increase the prices in the Americas of caprolactam, Aegis nylon 6 and nylon 6/66 copolymer resins by $0.20/pound, effective July 1 or as contracts allow. | | |
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| | | | Initial Jobless Claims Declined by 3,000 in Week Ending June 11 | | Washington, DC, June 16, 2022—In the week ending June 11, the advance figure for seasonally adjusted initial claims was 229,000, a decrease of 3,000 from the previous week's revised level, according to the Department of Labor. | | |
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| | | | Wm. T. Burnett & Co. Acquires Flex Foam | | Baltimore, MD, June 16, 2022—Wm. T. Burnett & Co., headquartered in Baltimore, Maryland, has acquired Flex Foam, the first polyurethane foam manufacturer in Arizona. Financial details of the transaction were not disclosed. | | |
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| | | Galleher Announces Partnership with Building Homes for Heroes | | Santa Fe Springs, CA, June 16, 2022—Flooring distributor Galleher announced a partnership with Building Homes for Heroes, a national non-profit organization that recognizes the sacrifices of men and women of the U.S. Armed Forces by supporting the needs of severely wounded or disabled soldiers and their families. | | |
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| Featured Video | | | | Reesie Duncan Discusses Shaw Contract's NeoCon Awards | | June 16, 2022—Ressie Duncan, VP of Global Design with Shaw Contract, and Kemp Harr discuss this leading brand’s NeoCon awards as well as w | | |
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