Thu.Dec 23, 2021

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MP Global on the cusp of a milestone anniversary

Floor Covering News

MP Global has the capacity to produce 10 million feet of underlayment per month. By Reginald Tucker P roviding retailers, distributors and end users with their underlayment needs for a quarter-century. That’s the milestone MP Global is on course to achieve when the calendar flips to 2022. “I started MP Global in 1997, and at that time I had one employee—me,” said Al Collison, president and founder of the Norfolk, Neb.

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New home sales jump in November

Floor Covering News

Washington D.C—New home sales posted a solid gain last month, driven by strong buyer demand , low existing home inventory and buyers’ anticipation of future higher mortgage rates, according to the National Association of Home Builders (NAHB). Sales of newly built, single-family homes in November rose 12.4% to a 744,000 seasonally adjusted annual rate from a downwardly revised reading in October, according to newly released data by the U.S.

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