Patcraft Introduces First Cradle to Cradle Gold Collection
Cartersville, GA, August 25, 2021—Patcraft has introduced its first Cradle to Cradle Certified Gold (V3.1) collection, Reverse.
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.
Upofloor Now to be Known as Kährs Upofloor
Altamonte Springs, FL, August 25, 2021—In 2012, Kährs Group acquired resilient flooring firm Upofloor, and now Upofloor is now being brought fully under the Kährs brand.
Best of NeoCon Jury Announced
Chicago, IL, August 25, 2021-NeoCon has announced the 2021 Best of NeoCon jury.
New Home Sales Rose 1% in July
Washington, DC, August 24, 2021—Sales of new single-family houses in July 2021 were at a seasonally adjusted annual rate of 708,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.0% above the revised June rate of 701,000 but 27.2% below the July 2020 estimate of 972,000.
Teknoflor Partners with Kasigau Corridor Redd Project
Milwaukee, WI, August 24, 2021-This year, Teknoflor is partnering with The Kasigau Corridor Redd Project to support its mission to stop deforestation and help keep forests intact.
Existing-Home Inventory Up but Still Below Demand
Washington, DC, August 24, 2021-The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than the prior month as high prices prompted owners to put more properties on the market, reports the Wall Street Journal.
Compensation for A&D Staff Held Steady in Pandemic, says AIA
Washington, DC, August 24, 2021-Despite a steep economic recession during the first half of 2020, compensation for architectural staff at U.S. architecture firms essentially held flat over the 2019–2021 period, according to the American Institute of Architects (AIA) biannual Compensation Report.
Empire Today to be Acquired by Charlesbank Capital Partners
Northlake, IL, August 23, 2021—Empire Today, a portfolio company of H.I.G. Capital (H.I.G.), is pending sale to Charlesbank Capital Partners.
Existing-Home Sales Rose 2.0% in July
Washington, DC, August 23, 2021-Total existing-home sales grew 2.0% from June to a seasonally adjusted annual rate of 5.99 million in July, according to the National Association of Realtors (NAR). Sales inched up year-over-year, increasing 1.5% from a year ago (5.90 million in July 2020).
LM Flooring Rolling Out Largest-Ever Product Launch
Carrollton, TX, August 23, 2021—LM Flooring—a brand of AHF, which last week announced its acquisition of American OEM—this fall will roll out the largest product launch in the brand’s 20-year history, introducing a total of 55 new SKUs, including four new collections.