Breaking Flooring News

Builder Confidence Inched Up One Point to 76 in September

Washington, DC, September 20, 2021--Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges.

Mohawk Authorizes Stock Repurchase Plan, Up to $500 Million

Chattanooga, TN, September 20, 2021--Mohawk Industries announced Friday a new share repurchase plan to buy back up to $500 million of the company's stock, reports the Chattanooga Times Free Press.

Interface Gets 3rd Party Verification of Greenhouse Gas Reduction Goals

Atlanta, GA, September 20, 2021—Interface announced third-party validation of its 2030 greenhouse gas (GHG) reduction targets as science-based.

Novalis Rolls Out Digital Passport Detailing Product Attributes

Dalton, GA, September 20, 2021—Novalis has announced the release of the first Digital Product Passport for a flooring company in North America.

Dixie Sold AtlasMasland for $20.5 Million

Chattanooga, TN, September 17, 2021-The Dixie Group said Thursday it sold its AtlasMasland commercial business for $20.5 million to Mannington Mills Inc., reports the Chattanooga Time Free Press.

California Carpet Recycling Rose to 21% in 2020

Dalton, GA, September 17, 2021—At a time of immense strain on recycling efforts across the country, carpet recycling saw significant progress in 2020 in California, according to the just-released California Carpet Stewardship Program 2020 Annual Report.

Consumer Sentiment Inched Up 1.0% to 71 in Early September

Ann Arbor, MI, September 17, 2021—Consumer sentiment rose 1.0% to 71.0 in early September, according to preliminary results from the University of Michigan Survey of Consumers.

Norman Stone, Pioneer of LVT Flooring, Dies at 90

Norwalk, CT, September 16, 2021-Norman Stone, founder of Top Tile and Halstead and father of HMTX CEO Harlan Stone, died September 13 at the age of 90.

31st Street Capital Acquires Floors For Living

Houston, TX, September 16, 2021—31st Street Capital has acquired its fourth flooring company, Floors For Living, headquartered in Houston, Texas.

Retail Sales Rose 0.7% in August

Washington, DC, September 16, 2021—Advance estimates of U.S. retail and food services sales for August 2021 were $618.7 billion, an increase of 0.7% from the previous month and 15.1% above August 2020, according to the U.S. Census Bureau.