NAFCD Names 2022 Board
Chicago, IL, February 3, 2022—The North American Association of Floor Covering Distributors (NAFCD) is pleased to announce the organization's board of directors for 2022.
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.
Tarkett Unveils New Climate Roadmap
Paris, FR, February 3, 2022—Tarkett announced its new Climate Roadmap for 2030, in full alignment with the Paris Climate Agreement objective to limit global warming to 1.5°C.
Welspun to Donate a Penny for Each Foot Sold to FCEF
Las Vegas, NV, February 3, 2022-As Welspun Flooring prepares to launch its new North American flooring product line, Welspun has committed to donating, by way of customer base support, one cent from every square foot sold in North America to the Floor Covering Education Foundation (FCEF) on its private labeled programs’ overbill of SPC, broadloom carpet and carpet tile sold.
Initial Jobless Claims Fell by 23K to 238,000 in the Last Week of Jan.
Washington, DC, February 3, 2022—In the week ending January 29, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 23,000 from the previous week's revised level, according to the Department of Labor.
Orders for Manufactured Goods Declined 0.4% in December
Washington, DC, February 3, 2022-New orders for manufactured goods in December, down following seven consecutive monthly increases, decreased $2.4 billion or 0.4% to $530.7 billion, the U.S. Census Bureau reported.
Mobile Marketing Forms Partnership with Swell
Philadelphia, PA, February 3, 2022—A new partnership between Mobile Marketing and Swell creates a seamless communication process between retailers and their interested customers throughout the entire buying process.
Productivity Rose 6.6% in Q4
Washington, DC, February 3, 2022—Nonfarm business sector labor productivity increased 6.6% in Q4 2021, the U.S. Bureau of Labor Statistics reported, as output increased 9.2% and hours worked increased 2.4%.
Paceline Equity Completes Acquisition of AHF
Dallas, TX, February 2, 2022—An affiliate of Paceline Equity Partners, a Dallas-based private equity manager, announced it has closed the acquisition of AHF Products, a North American hard surface flooring manufacturer.
Mannington Acquires Georgia Carpet Finishers
Salem, NJ, February 1, 2022-Mannington Mills has acquired Georgia Carpet Finishers, Inc., a supplier of carpet backing to the residential, hospitality and turf industries, as well as high-density polyurethane cushions.
Mortgage Applications Rose 12% in Last Full Week of January
Washington, DC, February 2, 2022—Mortgage applications increased 12.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 28, 2022.