R&R Hardwood Distributors Sold to Private Investor
Dallas, TX, November 12, 2021—Generational Equity has announced the sale of R&R Hardwood Distributors to a private investor.
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.
Carpet One Appoints New Advisory Council Members, Wins 2021 Telly
Manchester, NH, November 12, 2021-Carpet One Floor & Home recently announced the appointment of three new members to its advisory council.
Record-High Job Openings Have Persisted Since June
New York, NY, November 12, 2021—The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs, reports the Wall Street Journal.
Job Openings Steady at 10.4 million in September
Washington, DC, November 12, 2021—The number of job openings was little changed at 10.4 million on the last business day of September, the U.S. Bureau of Labor Statistics reported.
Milliken Offsets Carbon Footprint of Flooring Portfolio with Credits
Spartanburg, SC, November 12, 2021-Milliken & Company has announced that all its carpet, luxury vinyl tile and entryway tile products around the globe are now carbon neutral, offsetting carbon emissions in raw materials and manufacturing carbon footprint using Verified Carbon Standard credits.
CRI Elects 2022 Board at Annual Meeting
Dalton, GA, November 11, 2021-The Carpet and Rug Institute (CRI) held its annual meeting on November 10. The yearly gathering included an update on the industry, the announcement of the board of directors roster for 2022, and recognized volunteers for service to the institute.
Ceramic Imports Rose 22.2% in First Nine Months of 2021
New York, NY, November 11, 2021—Ceramic tile imports rose 22.2% in square meters in the first nine months of 2021 and 29.8% in dollars, reports Grosser Consulting.
Homes Selling in Median of One Week, Forcing Buyers to Act Fast
New York, NY, November 11, 2021—American homebuyers are having to pounce faster than ever to clinch a deal, forcing many of them to make snap decisions about what house to purchase and where to live, reports the Wall Street Journal.
Many Homebuyers & Sellers Seeking Closer Proximity to Family & Friends
Washington, DC, November 11, 2021—Among repeat homebuyers and home sellers over the last year, a key factor for moving was the desire to live closer to family and friends, while an equally important motivator was the need for more space or a bigger home, reports National Association of Realtory.
AIP Sells AHF Products to Paceline Equity Partners
Mountville, PA, November 10, 2021-Paceline Equity Partners, LLC today announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners.