Crossville Introduces First Carbon-Neutral Collections
Crossville, TN, April 12, 2023-Crossville has unveiled its first carbon-neutral product lines: the Civilization Collection and the Native Metal Collection.
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.
Construction Employment Declined by 9,000 Jobs in March
Washington, DC, April 12, 2023-The construction industry lost 9,000 jobs in March after posting successive monthly gains since February 2022, as employment in both nonresidential and residential construction declined by 1,800 and 7,000 jobs, respectively, reports Dodge Analytics.
Retail Sales Expected to Grow 4% to 6% in 2023
Washington, DC, April 11, 2023—Retail sales are anticipated to grow between 4% and 6% in 2023, according to The National Retail Federation’s (NRF) annual forecast.
Lorberbaum & Buffett Included on Forbes’ 2022 Billionaires List
Chattanooga, TN, April 11, 2023-Jeffrey Lorberbaum, CEO of Mohawk Industries, has again been included on Forbes’ 2022 Billionaires List.
Small Business Optimism Declined to 90.1 in March
Washington, DC, April 11, 2023—NFIB’s Small Business Optimism Index decreased 0.8 points in March to 90.1, marking the 15th consecutive month below the 49-year average of 98.
America's Best Carpet & Tile Acquired by Great Range Capital
Memphis, TN, April 11, 2023—America's Best Carpet & Tile (ABCT), a provider of full-service flooring solutions, was acquired by Kansas City-based private equity firm Great Range Capital.
Tile of Spain Announces Events for Coverings 2023
Cranbury, NJ, April 11, 2023—Tile of Spain, the international brand representing over 100 ceramic tile manufacturers from Spain, has announced its schedule of events for Coverings 2023, North America’s largest international tile and stone exhibition and conference, held April 18 to 21 in Orlando, Florida.
North American Specialty Laminations Acquires Profile Wrapping
Osseo, WI, April 11, 2023—"North American Specialty Laminations, a provider of specialty lamination, fabrication, and finishing solutions has acquired Diversified Manufacturing of California, dba, Profile Wrapping, a West Coast-based profile lamination wrapping specialist,” reports Woodworking Network.
Surya to Sponsor High Point's Vacation Rental Design Summit
High Point, NC, April 11, 2023—The Vacation Rental Design (VRD) Summit, a new industry event produced by High Point x Design and High Point Market Authority, announces Surya as its title sponsor.
Sending Jobs Overseas May be the Next Evolution of Remote Work
New York, NY, April 11, 2023—The next wave of remote work is about outsourcing jobs overseas, reports the Wall Street Journal, noting that companies are responding to labor shortages and rising wages by moving some positions abroad.