HMTX Opens World Headquarters in Connecticut
Norwalk, CT, September 21, 2022—HMTX cut the ribbon on its new world headquarters, dubbed “House Upon the Hill”, in Norwalk, Connecticut on September 20.
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.
Grizzle Retiring as President/CEO of Mannington at Year's End, Pendley Succeeding Him
Salem, NJ, September 21, 2022-Mannington Mills announced that its president and CEO, Russell Grizzle, will retire on December 31.
Existing-Home Sales Inched Down 0.4% in August, 7th Straight Month of Decline
Washington, DC, September 21, 2022-Total existing-home sales notched a minor contraction of 0.4% from July to a seasonally adjusted annual rate of 4.80 million in August, according to the National Association of Realtors.
FCEF Holds First Flooring Futures Summit
Dalton, GA, September 21, 2022—With the industry losing an estimated 5,000 to 6,000 installers each year and the average age of an installer at 56 years old, the Floor Covering Education Foundation (FCEF) is working to stem the tide of a full-blown crisis by promoting the trade through awareness and educational resources.
Mortgage Applications Rose 3.8% in Week Ending September 16
Washington, DC, September 21, 2022—Mortgage applications increased 3.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 16, 2022.
Steve Carroll Named COO/Technical Director for Swiss Krono U.S.
Barnwell, SC, September 21, 2022—Swiss Krono Group, manufacturer of wood products and laminate flooring, appoints a new COO and technical director, Steve Carroll, for its U.S. operations in Barnwell, South Carolina.
Housing Starts Rose 12.2% in August
Washington, DC, September 20, 2022-Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000, 12.2% above the revised July estimate of 1,404,000 but 0.1% below the August 2021 rate of 1,576,000, according to the U.S. Census Bureau.
I4F Opens U.S. Headquarters in ATL, Dekens Named President of I4F Inc.
Hamont, Belgium, September 20, 2022-I4F, a group of companies providing patents and technologies to the flooring industry, announced the creation of I4F Inc. with its base located in Atlanta, Georgia.
Resurgence in Group Travel Boosts Hotel Bookings
New York, NY, September 20, 2022-"More than two years after the pandemic grounded group travel, hotels are finally selling blocks of rooms,” reports the Wall Street Journal.
FCIF Launches "This Is My Story" Campaign
Dalton, GA, September 19, 2022—The Floor Covering Industry Foundation (FCIF) launched a new campaign, “This is My Story," to raise awareness of the FCIF and highlight how the organization makes a difference by providing financial assistance to flooring families battling life-altering illnesses, injuries, and disabilities.