AIA Releases 2023 Compensation & Benefits Report
Washington, DC, August 22, 2023—The American Institute of Architects (AIA) has released its most comprehensive report on architecture firm compensation and benefits trends in 15 years.
Today's Flooring News
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.
Unity Marketing's Danzinger Predicts Retail Faces Challenges in Second Half
New York, NY, August 22, 2023-RapidRatings executive chairman James Gellert and Unity Marketing president-founder Pamela Danziger joined Yahoo Finance Live to discuss the state of the retail industry. This is an excerpt of their discussion.
Portobello Begins Production at its Baxter, Tennessee Plant
Baxter, TN, August 21, 2023-Portobello Grupo officially kicked-off production activities at its business unit Portobello America’s recently built plant, located in Baxter, Tennessee, on July 21.
Imports of Ceramic Decline Slightly, Vinyl Sharply in June
Charlotte, NC, August 21, 2023—"Ceramic Imports Showed a Modest Decline: Overall ceramic unit imports decreased 5.2% year over year (y/y), moderating from sharper declines earlier in the year, for units down 6.1% year- to-date. After a roughly flat result last month, Mexico showed a notable decline, down 19.9% y/y, but up 5.8% year-to-date,” reports Truist.
Mannington Names Quathamer Director of Residential Carpet
Salem, NJ, August 21, 2023—Mannington Mills announced that Quentin Quathamer will be joining the organization as director of residential carpet.
Fishman Opens Branch in Fredericksburg, Virginia
Fredericksburg, VA, August 21, 2023-Fishman Flooring Solutions has opened a new location in Fredericksburg, Virginia.
The Dixie Group Transitions to Net 30 Terms Across Portfolio
Dalton, GA, August 18, 2023—The Dixie Group (TDG) announced that for orders placed on September 18, all TDG customer accounts will move to standard payment terms of net 30 days.
Tom Sullivan Rescinds Bid to Buy LL Flooring
Roanoke, VA, August 18, 2023-Tom Sullivan has rescinded his bid to acquire LL Flooring, the company he founded, which was formerly known as LL Flooring.
Multifamily Developer Confidence Positive in Q2
Washington, DC, August 18, 2023—Confidence in the market for new multifamily housing was in positive territory for Q2, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
Average Mortgage Rate Hits 20-Year High at 7.09%
Washington, DC, August 18, 2023—"The average mortgage rate rose to 7.09%, its highest level in more than 20 years, according to data released Thursday by mortgage giant Freddie Mac,” according to the Wall Street Journal.