FCIF Hosting 24-Hour Fundraising Drive on June 2
Dalton, GA, May 2, 2022-The Floor Covering Industry Foundation (FCIF) is launching its inaugural “One Day to Give,” a 24-hour online fundraising drive, on June 2.
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.
Mohawk's Q1 Sales Up 13%, Earnings Up 3%
Calhoun, GA, April 29, 2022—Mohawk Industries announced net sales Q1 2022 were $3.0 billion, an increase of 13.0% over 2021’s Q1 $2.7 billion.
Aquafil & DC Foam's CARE Board Seats Terminated for Supporting NY EPR Legislation
Dalton, GA, April 29, 2022-Carpet America Recovery Effort (CARE) has terminated Aquafil and DC Foam's board seats for supporting proposed New York extended producer responsibility [EPR] legislation, which will likely pass next week.
Consumer Sentiment Rose 9.8% to 65.2 in April
Ann Arbor, MI, April 29, 2022-Consumer sentiment rose 9.8% to 65.2 in April, according to the University of Michigan Survey of Consumers.
Personal Income Rose 0.5% in March; Spending Rose 1.1%
Washington, DC, April 29, 2022-Personal income increased $107.2 billion (0.5%) in March, according to estimates released by the Bureau of Economic Analysis.
Mill Point Capital Acquires Cancos Tile Corporation
Farmingville, NY, April 29, 2022—Cancos Tile Corporation, a regional distributor and retailer of luxury ceramic tile and natural stone, has partnered with Mill Point Capital, a middle-market private equity firm focused on control- oriented investments in the business services, industrials and IT services sectors in North America.
Laticrete Named 2022 Supplier of the Year by CTDA
Bethany, CT, April 29, 2022—Laticrete was selected as supplier of the year by the Ceramic Tile Distributor Association (CTDA), an international organization of distributors, manufacturers and allied professionals of ceramic tile and related products.
GA Association of Manufacturers Names Lloyd Avram President
Atlanta, GA, April 29, 2022—The Georgia Association of Manufacturers (GAM) and The Manufacturers Education Foundation (MEF) announced that Lloyd Avram will be elected president of both organizations, effective July 1.
Nanimarquina's Tones Collection Is HD Expo's Flooring Winner
New York, NY, April 29, 2022—Celebrating 35 years of business, Nanimarquina announced that the Tones Collection designed by artist Clàudia Valsells was the winner of the IIDA/HD Expo Annual Product Design Competition in the flooring: carpets or rugs category.
Hardwood Refinishing Receives 10/10 "Joy Score" in NAR Remodeling Impact Report
Washington, DC, April 29, 2022—The National Association of Realtors (NAR) released its Remodeling Impact Report.