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.
New York, NY, August 1, 2023-"One of the country’s largest forest-carbon firms is launching a platform to enable Southern-timberland owners to sell carbon offsets on properties as small as 40 acres, expanding a market that has mostly been limited to owners of vast wooded tracts,” reports the Wall Street Journal.
Crossville, TN, August 1, 2023—Crossville, Inc. recently announced the CrossValue Program, a curated collection of the company’s best-selling tile lines that are deeply inventoried to provide customers with readily available porcelain tile.
Rockwall, TX, July 31, 2023-The Floor Covering Education Foundation (FCEF) has approved Advanced Flooring Technologies (AFT) as a training provider and its new six-week course to receive scholarship funds, announced Robert Varden.
Washington, DC, July 31, 2023—The U.S. Department of Commerce (DOC) has issued its final determination that plywood exported from Vietnam using inputs sourced from China is, in fact, a product of China and is subject to the antidumping duty and countervailing duty orders on hardwood plywood from China.
Charlotte, NC, July 31, 2023-A dispute and pending lawsuit between Shintech and Olin Corp. has forced Shintech, a major PVC producer, to cut production at its Freeport, Texas PVC resin plant, reports Truist.
Washington, DC, July 31, 2023—While U.S. homeownership rates have been rising since 2015 and received an extra boost during the post-pandemic housing boom, they remain below the levels reached during the housing boom of the mid-2000s, the National Association of Home Builders (NAHB) reports.
Washington, DC, July 31, 2023—The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, announced that 26 companies have completed the arduous process to become +Vantage Vinyl Verified in 2022.
La Grange, GA, July 31, 2023-The Resilient Floor Covering Institute (RFCI) is pleased to announce that Bentley Mills has joined as a member.
Calhoun, GA, July 31, 2023- Mohawk has been recognized as Green Builder Media’s 2023 Sustainable Brand Leader in the flooring category. This ranking is awarded to organizations that prioritize sustainability.
Calhoun, GA, July 28, 2023—Mohawk Industries announced Q2 2023 net sales of $2.95 billion, a 6.4% decrease from Q2 2022’s $3.15 billion.