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.
Washington, DC, October 27, 2021—Mortgage applications increased 0.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 22, 2021.
Washington, DC, October 26, 2021-Sales of new single-family houses in September 2021 were at a seasonally adjusted annual rate of 800,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 14.0% above the revised August rate of 702,000 but 17.6% below the September 2020 estimate of 971,000.
New York, NY, October 26, 2021—Home prices made a 19.8% annual gain in August, remaining the same as the previous month, The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reports.
Sherbrooke, Quebec, October 26, 2021-American Biltrite was granted a U.S. patent for its Nfuse process used on ABPure rubber flooring that provides superior durability and ease of maintenance as well as making it an occupancy-ready flooring.
Baxter, TN, October 25, 2021—Portobello Group, a Brazil-based producer of porcelain and ceramic tile, has begun construction of its U.S. factory in Baxter, Tennessee.
Jacksonville, FL, October 25, 2021—Total Solutions Plus is currently underway in Jacksonville, Florida, running through October 26.
Lancaster, PA, October 25, 2021—Armstrong Flooring has announced the release of the company’s first third-party assured, Global Reporting Initiative (GRI) compliant sustainability report.
New York, NY, October 25, 2021—ABC Carpet & Home, which filed for bankruptcy in April 2021, will be sold to a group of investors that deal in Persian Rugs, reports New York Post.
Detroit, MI, October 25, 2021-Hardwood basketball court manufacturer Connor Sports received the Legacy Award from the Michigan Sports Hall of Fame (MSHOF) at the 2021 MSHOF Induction Ceremony held at the Sound Board at Motor City Casino in Detroit.
Florham Park, NJ, October 22, 2021-Effective November 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) polymer by $0.05 per pound, and polyamide copolymer by $0.15 per pound in North America.