Mohawk Year-End Results Released
Calhoun, GA, February 11, 2022- Mohawk reported Q4 2021 net sales were $2.8 billion, an increase of 4.5% compared to $2.6 billion in Q4 2020.
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.
Engineered Floors Increasing SAM Plant Capacity by 25%
Dalton, GA, February 11, 2022- An expansion is underway at Engineered Floors' SAM residential carpet plant in Dalton, Georgia.
Armstrong Flooring Introduces Heterogeneous Sheet Products
Lancaster, PA, February 11, 2022– Armstrong Flooring announces the introduction of three new heterogeneous sheet collections.
Private Equity Firm Saw Mill Capital Invests in Versatrim
Briarcliff Manor, NY, February 11, 2022- Saw Mill Capital Partners II LP and affiliated private equity investment funds managed by Saw Mill Capital LLC announce their investment to support the continued growth of Versatrim LLC, a leading manufacturer of floor molding and trim for residential flooring applications.
Carpet and Rug Institute Program Recognized by EPA
Washington, D.C., February 11, 2022- The Carpet and Rug Institute’s Green Label Plus (GLP) program has been recognized by the U.S. Environmental Protection Agency’s (EPA’s) Recommendations of Specifications, Standards and Ecolabels for Federal Purchasing.
Connor Sports Celebrates 150th Anniversary
Amasa, MI, February 11, 2022- Connor Sports, a Gerflor company, will celebrate its 150th anniversary in 2022, including sesquicentennial activities and events to pay tribute to its employees, customers, dealer community and supply partners.
U.S. House Passes America Competes Act of 2022
Sterling, VA, February 11, 2022- The U.S. House of Representatives has passed the America Competes Act of 2022 to improve U.S. competitiveness with China, the Decorative Hardwoods Association said in a release.
Consumer Sentiment Down 8.2%
Ann Arbor, MI, February 11, 2022- Consumer sentiment declined 8.2% to 61.7 in early February, cementing a double-digit drop year-over-year, according to preliminary results from the University of Michigan Survey of Consumers.
Ceramic Imports Rose by Both Meters & Dollars in 2021
New York, NY, February 10, 2022- FOB ceramic tile pricing in 2021 was up by 22.3% in dollars, reports Grosser Consulting.
Inflation Rose to 40-Year High in January at 7.5%
Washington, DC, February 10, 2022-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.