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.
Glen Ellyn, IL, September 10, 2024—The International Trade Administration (ITA) in the Ceramic Tile from India Antidumping (AD) and Countervailing Duty (CVD) cases, Case Nos. A-533-928 and C-533-929, respectively, has extended the deadlines for issuance of its preliminary decisions in both cases, reports the Ceramic Tile Distributors Association.
Bedford, MA, September 10, 2024—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 2.9% in August to 220.4 (2000=100) from the revised July reading of 214.2. Over the month, commercial planning expanded 1.9% and institutional planning improved 5.7%.
Washington, DC, September 10, 2024—Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.2 months in August, according to an ABC member survey conducted August 20 to September 5. The reading is down 1.0 months from August 2023.
Dalton, GA, September 10, 2024—F9 Brands, a division of F9 Investments, announced it is exploring strategic alternatives for its Southwind Building Products division.
Richmond, VA September 6, 2024--After earlier news of a total liquidation, LL Flooring plans to sell 219 stores and its trademarks to Tom Sullivan's F9 Investments--who plans to operate the stores without shutting them down.
Charlotte, NC, September 9, 2024—Home prices nationally, grew mid-single digits in the second quarter on negative year-over-year (y/y) comparables, reports Truist.
Calhoun, GA, September 9, 2024—Mohawk announced the promotion of Mauro Vandini as president of the company’s global ceramic segment, effective September 15.
Atlanta, GA, September 9, 2024—Floor & Decor announced that Trevor Lang, president, has announced his intent to retire from Floor & Decor.
Lucerne, Switzerland, September 9, 2024-Swiss Krono Group will be adopting the Unidrop locking system for its laminate and hybrid resilient flooring products in multiple of its manufacturing facilities around the globe.
Washington, DC, September 6, 2024-Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported today.