Hartsfield Rejoins Oriental Weavers as VP of National Accounts
Dalton, GA, July 31, 2024--Oriental Weavers USA announces the return of Walt Hartsfield as vice president of national accounts.
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.
Legacy Scholarship Fund Achieves Goal
Johnson City, TN, July 31, 2024—Contributions to a National Wood Flooring Association (NWFA) Scholarship in memory of James Donald “Don” Conner, Jr., have reached the $20,000 level needed to establish a Named Scholarship Fund.
Tarkett Sells Diamond W Distributor to Big D Floor Covering Supplies
Solon, OH, July 30, 2024-Tarkett has sold its Diamond W distribution arm to existing distribution partner Big D Floor Covering Supplies.
AHF Consolidating Its Solid Hardwood Manufacturing Operations
Mountville, PA, July 30, 2024–AHF Products is consolidating its manufacturing facilities and, as a result, the company will close its Warren, Arkansas solid hardwood flooring manufacturing facility.
Though Still Elevated, Home Prices Beginning to Decline
New York, NY, July 30, 2024--The May 2024 S&P CoreLogic Case-Shiller Indices show that home prices' upward trend continued to decelerate in May.
Consumer Confidence Ticked Up in July, but Planned Spending is Down
New York, NY, July 30, 2024--The Conference Board Consumer Confidence Index rose in July to 100.3 from a downwardly revised 97.8 in June.
Hotel Pipeline Hits New All-Time High, With Strength Expected Through 2026
Portsmouth, NH, July 30, 2024–According to the Q2 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), there are 6,095 projects with 713,151 rooms in the pipeline--a new all-time high and a 9% year-over-year increase in projects and an 8% year-over-year increase in rooms.
Daniel Auditore Becomes Sole Owner of Allegheny Contract
Winchester, MA, July 30, 2024–Allegheny Contract announces that Daniel Auditore has acquired full ownership of the commercial flooring company, buying out his previous partner, James Auditore.
NTCA Bringing Free Workshops and Regional Trainings to 10 States
Jackson, MS, July 30, 2024--The National Tile Contractors Association (NTCA) is hosting free trainings spanning ten states in August.
Personal Income Up Marginally, but Inflation Continues to Eat into Personal Savings
Washington, D.C., July 29, 2024--Personal income inched up 0.2% in June, down from a 0.4% increase in the prior month, according to the most recent data release from the Bureau of Economic Analysis.