Breaking Flooring News

Diverzify Announces $240 Million Recapitalization

Diverzify Announces $240 Million Recapitalization

Atlanta, GA, May 21, 2026-Diverzify has announced a $240 million recapitalization and strategic investment led by affiliates of Paceline Equity Partners, a Dallas-based private equity manager, to expand specialized capabilities for its customers, elevate its operational consistency and invest heavily in its best-in-class team of industry experts.

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Industry News

Housing Starts Rose 4.6% YOY in April

Washington, DC, May 21, 2026-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,465,000, 2.8% below the revised March estimate of 1,507,000 but 4.6% above the April 2025 rate of 1,400,000.

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Global Container Rates Climb Due to Strait of Hormuz Disruption

Greensboro, NC, May 20, 2026—“Global container spot rates rose sharply this week as carriers implemented new surcharges tied to the war involving Iran and ongoing disruption around the Strait of Hormuz, according to the latest update from supply chain analytics firm Drewry,” reported by Furniture Today.

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Recent Industry Events

Interviews

Laura Bartley Discusses Mohawk's Edge Summit and the Early Bird Offering

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Denis Darragh Discusses Forbo Flooring New Flotex Factory in Pennsylvania

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Bill Blackstock Discusses RFCI Spring Meeting In Naples

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Dan Frierson Discusses The Dixie Group's Q1 Performance and Retail Survey Results

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Brent Emore Discusses AHF Products' Decision to Exit Residential Sheet Production in Lancaster

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