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.
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.
Consumer Prices Rose 0.9% in October, Inflation Hits 3-Decade High
Washington, DC, November 10, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9% in October on a seasonally adjusted basis after rising 0.4% in September, the U.S. Bureau of Labor Statistics reported.
Floor Covering Education Foundation Board Meeting Underway Now
Chattanooga, TN, November 10, 2021-The Floor Covering Education Foundation (FCEF) board meeting is underway now in Chattanooga, Tennessee at The Chattanoogan Hotel
CARE Hits Recycling Milestone of One Billion Pounds
Dalton, GA, November 10, 2021-As America Recycles Day approaches on November 15, Carpet America Recovery Effort (CARE) has now passed the one billion pound milestone for gross collection of old carpet in California since the start of the California Carpet Stewardship Program in 2011.
Laminam Doubles Size of Production Facility in Italy
Fiorano Modenese, IT, November 10, 2021-Laminam has doubled the size of its production factory in Borgotaro, Italy.
HMTX Names Margaret Walker VP, Legal Affairs
Norwalk, CT, November 10, 2021-HMTX Industries announced the expansion of its legal team with the appointment of Margaret Walker to the new position of vice president, legal affairs.
LL Flooring Introduces Hybrid Resilient Products
Richmond, VA, November 10, 2021-LL Flooring, formerly Lumber Liquidators, is introducing new Duravana hybrid resilient flooring.
Mortgage Applications Rose 5.5% in First Week of November
Washington, DC, November 10, 2021—Mortgage applications increased 5.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 5, 2021.
Initial Jobless Claims Down 4,000 to 267K in First Week of September
Washington, DC, November 10, 2021—In the week ending November 6, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 4,000 from the previous week's revised level, according to the U.S. Department of Labor, the lowest level for initial claims since March 14, 2020 when it was 256,000.
America’s Floor Source Acquires The Flooring Gallery
Columbus, OH, November 9, 2021-America’s Floor Source has acquired The Flooring Gallery, a flooring retailer in the Louisville and Lexington, Kentucky areas.