May 27, 2015
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
FloorFolio Opens First U.S. Factory, Will Produce EnviroQuiet LVT
Edison, NJ, May 7, 2015—FloorFolio Industries has opened its first U.S. manufacturing facility, which will produce its patented EnviroQuiet Luxury Vinyl Tile.
Daltile Opens Miami Design Studio
Miami, FL, May 7, 2015—Daltile has opened a 4,600-square-foot design studio in Miami.
USFloors Moves into UK Market with Coretec Products
Dalton, GA, May 7, 2015—USFloors’ Coretec engineered luxury vinyl flooring collection has expanded into the United Kingdom with the launch of Coretec Plus and Coretec One through the UK-based flooring distributor Headlam Group.
Housing Recovery Continues at Gradual Pace, Says NAHB
Washington, DC, May 7, 2015—Markets in 68 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the first quarter, according to the National Association of Home Builders/First American Leading Markets.
Surya President Finalist in 2015 EY Entrepreneur, Family Business Category
Calhoun, GA, May 7, 2015—Surya president Satya Tiwari has been selected as a finalist in the Family Business Category for the EY Entrepreneur Of The Year 2015 Award in the Southeast region.
Mortgage Delinquency Falls to Lowest Rate in Over Seven Years
Washington, DC, May 6, 2015—The U.S. mortgage delinquency rate fell to 5.54% in the first quarter, the lowest rate in over seven years, according to the Mortgage Bankers Association.
Orders for Manufactured Goods Post Largest Gain Since July 2014
Washington, DC, May 5, 2015—New orders for U.S. factory goods rose 2.1% in March, the biggest increase in eight months, boosted by demand for transportation equipment.
EPA Considers Formaldehyde Standards for Composite Wood Products
Washington, DC, May 6, 2015—The EPA's effort to adopt its Formaldehyde Emissions Standards for Composite Wood Products marks the first time that the federal government has regulated formaldehyde inside American homes, says the New York Times.
Beaulieu of Brazil to Host CFI Workshop
Kansas City, MO, May 6, 2015—Beaulieu of Brazil is hosting a CFI hands-on skills workshop May 2 to 16.
BASF Raising Prices on Styrene-Butadiene and Styrene-Acrylic Latex Polymers
Charlotte, NC, May 6, 2015—BASF will increase prices up to $0.05 per wet pound ($0.10 per dry pound) for styrene-butadiene and styrene-acrylic latex polymers sold in North America, effective May 15 or as contracts allow.
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