NALFA Elects New Officers & Committee Chairs
Washington, DC, November 1, 2021-The North American Laminate Flooring Association met in Asheville, North Carolina for its annual fall meeting where it elected officers and committee chairs.
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.
September Construction Spending Down 0.5% from August, Up 7.8% YOY
Washington, DC, November 1, 2021—Construction spending during September 2021 was estimated at a seasonally adjusted annual rate of $1,573.6 billion, 0.5% below the revised August estimate of $1,582.0 billion, according to the U.S. Census Bureau.
Diverzify Achieves Experience Modifier Rate of 0.56
Chicago, IL, November 1, 2021-Diverzify, which specializes in commercial flooring installation and interior services, has included an independent safety department as part of its shared services strategy.
Broadlume Announces Keynote for FloorCon 2021
Sarasota, FL, November 1, 2021—Broadlume has announced that Joe Gibbs, NFL and NASCAR Hall Of Fame inductee, will be the keynote speaker for FloorCon 2021.
October Purchasing Managers' Index Inched Down to 60.8%
Tempe, AZ, November 1, 2021—The October Manufacturing Purchasing Managers’ Index (PMI) registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1%, according to the latest Manufacturing ISM Report On Business.
ABC Carpet & Home Under New Ownership & Open for Business
New York, NY, November 1, 2021—ABC Carpet & Home is under new ownership, ensuring that the legacy of the iconic New York retailer continues.
FEI Group Releases Tribute Video for Dave Gheesling
Phoenix, AZ, November 1, 2021—At last week’s FEI Group meeting in Phoenix, Arizona, the group paid tribute to Dave Gheesling, founder of the group, who died of a heart attack at age 53 during a company event in November 2020.
Mohawk Sales Up 9.4% in Q3, Earnings Up 32%
Calhoun, GA, October 29, 2021-Mohawk Industries announced Q3 2021 net earnings of $271 million, a 32% increase compared to $205 million in Q3 2020. Net sales for Q3 2021 were $2.8 billion, up 9.4% compared to $2.6 billion in Q3 2020.
Tarkett's Global Revenue Rose 4.2% in Q3, NA Revenue Rose 5.2%
Paris, FR, October 29, 2021—Tarkett has reported revenue of 809.4 euros for Q3 2021, a 4.2% increase compared to revenue of 776.9 euros in Q3 2020. This increase is due to increased sale prices (+3.9%) and growth in volumes (+1.1%).
Forbo Announces Commercial Price Increase
Hazleton, PA, October 29, 2021—Due to the well-publicized increases in transportation costs, Forbo Flooring Systems announces an increase in its shipping and handling surcharge to 2.6% to 2.8%, effective with all U.S. and Canadian commercial orders placed on or after November 1.