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.

Federal Judge Refuses to Dismiss Shareholder Lawsuit Against Mohawk

Federal Judge Refuses to Dismiss Shareholder Lawsuit Against Mohawk

Chattanooga, TN, October 5, 2021-A federal judge has refused to dismiss charges that Calhoun, Georgia-based Mohawk Industries deliberately misrepresented sales and performance of its luxury vinyl tile operations in the United States for more than two years, reports the Chattanooga Times Free Press.

Cersaie 2021 Attendance 56% of 2019 Event

Cersaie 2021 Attendance 56% of 2019 Event

Bologna, IT, October 5, 2021—The 38th Cersaie, held in Bologna from September 27 to October 1 featured 623 companies in a total exhibition space of 150,000 square meters across fifteen fully occupied halls of the Bologna Exhibition Centre.

August Exports Rose by $1B in August

August Exports Rose by $1B in August

Washington, DC, October 5, 2021—August exports were $213.7 billion, $1.0 billion more than July exports, according to the U.S. Bureau of Economic Analysis.

Stanton Acquired by Dunes Point Capital

Stanton Acquired by Dunes Point Capital

Woodbury, NY, October 4, 2021—Stanton Carpet Corporation—a supplier of decorative, high-quality, self-branded carpet, custom rugs and luxury vinyl planks—has announced its partnership with Rye, New York-based Dunes Point Capital, a middle-market family office and private investment firm with approximately $1 billion in capital under management.

Shaw Acquires Watershed Geosynthetics

Shaw Acquires Watershed Geosynthetics

Dalton, GA, October 4, 2021—Shaw has purchased a significant controlling interest in Watershed Geosynthetics (Watershed Geo) and has entered into a letter of intent to acquire controlling interest in Watershed Solar (Watershed Solar).