Laminam Doubles Size of Production Facility in Italy
Fiorano Modenese, IT, November 10, 2021-Laminam has doubled the size of its production factory in Borgotaro, Italy.
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.
HMTX Names Margaret Walker VP, Legal Affairs
Norwalk, CT, November 10, 2021-HMTX Industries announced the expansion of its legal team with the appointment of Margaret Walker to the new position of vice president, legal affairs.
LL Flooring Introduces Hybrid Resilient Products
Richmond, VA, November 10, 2021-LL Flooring, formerly Lumber Liquidators, is introducing new Duravana hybrid resilient flooring.
Mortgage Applications Rose 5.5% in First Week of November
Washington, DC, November 10, 2021—Mortgage applications increased 5.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 5, 2021.
Initial Jobless Claims Down 4,000 to 267K in First Week of September
Washington, DC, November 10, 2021—In the week ending November 6, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 4,000 from the previous week's revised level, according to the U.S. Department of Labor, the lowest level for initial claims since March 14, 2020 when it was 256,000.
America’s Floor Source Acquires The Flooring Gallery
Columbus, OH, November 9, 2021-America’s Floor Source has acquired The Flooring Gallery, a flooring retailer in the Louisville and Lexington, Kentucky areas.
Diverzify and Material Bank Form Partnership
Chicago, IL, November 9, 2021—Diverzify and Material Bank have formed an exclusive complementary partnership that will extend existing services to each company’s client base and develop innovative project planning tools and resources for industry professionals nationwide.
Berkshire Hathaway Revenues Up 12% in Q3, Earnings Down
Omaha, NE, November 9, 2021- Berkshire Hathaway, owner of Shaw Industries and Nebraska Furniture Mart, reported Q3 2021 net earnings of $10.6 billion, compared to earnings of $30.1 billion in Q3 2020.
Producer Prices Rose 0.6% in October, 8.6% in the Last Year
Washington, DC, November 9, 2021-The Producer Price Index for final demand increased 0.6% in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Footprints Floors & NWFA Partner on Learning Management System
St. Louis, MO, November 8, 2021—Footprints Floors, a flooring installation company with 77 owners and 155 franchise locations throughout the United States, is partnering with the National Wood Flooring Association (NWFA) to create a learning management system (LMS) for its employees based on content from NWFA University (NWFAU).