Truist Analyzes Tariff Impacts on Flooring Sector, 55% of Which is Imported
Washington, DC, April 4, 2025-"Tariff impacts remain a fluid situation, making a definitive judgment on the impact hard,” reports Truist.
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.
DOC to Investigate Impact of Wood Imports on National Security
Sterling, VA, April 4, 2025-"President Trump directed the U.S. Department of Commerce to investigate how imports of wood products affect national security,” according to the Decorative Hardwoods Association.
Virginia Tile Sells Woodworking Products Distribution Arm to Wilsonart
Livonia, MI, April 4, 2025-Virginia Tile, a division of Transom Capital Group-backed Artivo Surfaces, has announced the sale of its woodworking products distribution business to Wilsonart Engineered Surfaces.
Employment Rose by 228,000 in March, Unemployment Flat
Washington, DC, April 4, 2025—Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported today.
I4F Forms Partnership with PurChem Systems
Turnhout, Belgium, April 4, 2025—I4F, a group of companies providing patents and technologies to the flooring industry, has entered into a technology partnership agreement with PurChem Systems for its patented technologies, including SilentTouch and OneLayer.
Trump's Tariff List Unveiled
Washington, DC, April 3, 2025-“U.S. President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish,” reports BBC.
Trade Deficit Narrowed by $8 Billion in February
Washington, DC, April 3, 2025—The goods and services deficit was $122.7 billion in February, down $8.0 billion from $130.7 billion in January, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Initial Jobless Claims Declined by 6,000 in Week Ending March 29
Washington, DC, April 3, 2025—In the week ending March 29, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 6,000 from the previous week's revised level, according to the Department of Labor.
WW Flooring Group Earns NWFA/NOFMA Mill Certification
St. Charles, MO, April 3, 2025—WW Flooring Group, manufacturer of Maine Traditions, is the latest company to earn NWFA/NOFMA Mill Certification from the National Wood Flooring Association.
Havwoods Names Rebecca Jeffery Head of Marketing
New York, NY, April 3, 2025-Havwoods has announced the appointment of Rebecca Jeffery as head of U.K. and U.S. marketing.