Pontus Cornelius Named CEO of Bona; Lindell to Serve as COB
Malmö, Sweden, August 24, 2020—Bona announced that it has appointed Pontus Cornelius as president and CEO of the company, effective January 11, 2021.
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.
Prices of Construction Materials Continued Rise in July, Says NAHB
Washington, DC, August 24, 2020—Prices paid for goods used in residential construction continued their upward trend in July, increasing 1.8% according to the latest Producer Price Index report by the Bureau of Labor Statistics and reported by the National Association of Home Builders.
FCICA Names Mike Roberts an Honorary Lifetime Member
Glen Ellyn, IL, August 24, 2020-FCICA, the Flooring Contractors Association, named Mike Roberts, FCICA board vice chair, as an honorary lifetime member.
EarthWerks Launches Visualizer
Houston, TX, August 24, 2020—EarthWerks unveils their new visualizer tool, EarthWerks Visions, providing a streamlined and customizable approach to finding and matching flooring to customers’ spaces.
Existing Home Sales Rose 24.7% in July
Washington, DC, August 21, 2020—Total existing-home sales jumped 24.7% from June to a seasonally-adjusted annual rate of 5.86 million in July, according to the National Association of Realtors.
Confidence in Multifamily Market Rose but Remained Negative in Q2
Washington, DC, August 21, 2020-Confidence in the market for new multifamily housing increased in Q2, however, it still remains in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
COVID Renovation Boom Results in Shortage of Softwood & Treated Lumber
New York, NY, August 21, 2020-Several major lumber mills cut back on their production when COVID-19 arrived in the U.S. earlier this year, according to Millionacres and reported by Newsweek, and that has resulted in a shortage in softwood and treated lumber supplies.
Sales of Second Homes Slowed then Surged in Pandemic
Washington, DC, August 21, 2020-While in the early months of the coronavirus pandemic, sales of second and vacation homes effectively ceased, builders of these high-end homes are now seeing a surge in demand, though the impact varies widely by market, reports Builder Online.
Shaw Partnering with Sustainable Brands to Host Sept. 1 Webinar
Dalton, GA, August 21, 2020—Shaw is hosting a webinar with Sustainable Brands on September 1 at 1 p.m. EST.
Mercier Hosting Promotion, Giving Event in Celebration 40th of Anniversary
Montmagny, Quebec, August 21, 2020-On its 40th anniversary, Mercier Wood Flooring is having a promotion for its retailers from September 8 to October 31, in addition to donating a portion of its sales from this promotion to charitable organizations that help children that are facing food insecurity.