E.J. Welch Acquires Dealers Supply Company
Earth City, Missouri, December 6, 2021-E.J. Welch Company, a building materials distributor based in Earth City, Missouri, has acquired the assets of Dealers Supply Company, based in Durham, North Carolina.
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.
Interface Announces Commercial Price Increase
Atlanta, GA, December 7, 2021—Interface is implementing a price increase of up to 10% across its commercial flooring portfolio—including carpet tile, LVT, Nora rubber and adhesives—effective with all orders shipped on or after January 3, 2022.
Q3 Productivity Down 5.2%, Largest Decline in 61 Years
Washington, DC, December 7, 2021—Nonfarm business sector labor productivity decreased 5.2% in Q3 2021, the U.S. Bureau of Labor Statistics reported, as output increased 1.8% and hours worked increased 7.4%.
Dodge Momentum Index Down 4% in November
Hamilton, NJ, December 7, 2021—The Dodge Momentum Index fell 4% in November to 171.7 (2000=100) — down from the revised October reading of 178.1.
Goods & Services Deficit Narrowed by $14.3B in October
Washington, DC, December 7, 2021—The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Zeftron Releases Radically Modern Color Booklet
Dalton, GA, December 7, 2021—Zeftron nylon, a premium nylon 6 solution-dyed yarn system for commercial carpets, announces a new design resource to inspire commercial interior designers to experiment and think about ways to take risks in their designs for commercial interior settings, including carpet.
Egger Wood Products Expanding NC Particleboard & TFL Production
Winston Salem, NC, December 6, 2021-Egger Wood Products is proceeding with the next expansion of its Lexington, North Carolina particleboard and thermally-fused laminate (TFL) plant, spending $50 million to build a recycling center and a new line, reports Journal Now.
Unilin & Zeetree Form Partnership for Rigid Board Printing & Texturing
Waregem, Belgium, December 6, 2021— Unilin Technologies and Zeetree have joined forces to promote digital printing and texturing for rigid boards.
Holiday Spending May Exceed Expectations, Says NRF
Washington, DC, December 6, 2021-The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new Covid-19 omicron variant, NRF chief economist Jack Kleinhenz reported on December 3.
Shipping Rates Most Applicable to Flooring Remain Elevated in Oct.
Washington, DC, December 6, 2018-The shipping rates most applicable to the flooring industry- China to North America (NA) West and China to NA East-have flattened from mid-September highs but remain elevated, reported Freightos on December 3.