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.
Lancaster, PA, May 20, 2022- The sale process for Armstrong Flooring will be set in a crucial bankruptcy hearing coming next week as the flooring manufacturer tries to address $317.8 million in total debt, including $160.5 million in long-term secured debt, reports Lancaster Online.
Washington, DC, May 20, 2022-After expanding by 5.9% in 2021, The Conference Board expects global economic growth to slow to 2.9% this year, representing a downgrade of 1.0 percentage point from the February global economic outlook.
Washington, DC, May 20, 2022—Confidence in the market for new multifamily housing turned downward in Q1 2022, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB).
Buffalo, NY, May 20, 2022-Great Northern Associates, a wholesale distributor of floorcoverings and installation supplies, has expanded its distribution reach and will now be able to supply its products and services to clients within the Western/Central New York, New England as well as New York/New Jersey-Metro markets.
Waregem, Belgium, May 20, 2022—Beaulieu International Group (BIG) has released its inaugural sustainability report, entitled 'Here.We.Go'.
Washington, DC, May 19, 2022-Total existing-home sales slid 2.4% from March to a seasonally adjusted annual rate of 5.61 million in April, according to the National Association of Realtors. Year-over-year, sales dropped 5.9% (5.96 million in April 2021).
Solon, OH, May 19, 2022-Tarkett is announcing the grand opening of its Chicago showroom, located at 215 N. Peoria Street, Floor 10 in Chicago’s Fulton Market District.
Dalton, GA, May 19, 2022—Shaw and the Shaw Cushion Program for St. Jude Children’s Research Hospital have been named the 2022 Halo Award Silver winner in the Consumer Activated Corporate Donation category by Engage for Good.
Hamont, Belgium, May 19, 2022-I4F, a group of companies providing patents and technologies to the flooring industry, has, for a second consecutive year, been awarded as one of the 2021/22 Best Managed Companies (BMC) by Deloitte.
Houston, TX, May 19, 2022-OneFlor USA has announced its executive team, consisting of flooring industry veterans with a focus on the resilient category.