Sarmazian Brothers Flooring Opens New Location in Waterloo, ON
Waterloo, Ontario, March 10, 2020—Sarmazian Brothers Flooring announced that its Waterloo, Ontario store is now open.
Today's Flooring News
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Stock Markets Drop Triggers Exchange Halt on Monday Morning
New York, NY, March 9, 2020-A sharp decline in stock market trading tripped circuit breakers that halted trading on the New York Stocks Exchange opening on March 9.
Homebuying Habits of Millennials Mirror Those of Silent Gen., Says NAR
Washington, DC, March 9, 2020-A number of the homebuying characteristics of younger millennials are replicating the buying desires of those in the silent generation, according to the National Association of Realtors’ (NAR) 2020 Home Buyer and Seller Generational Trends report, which researched each generation to examine the differences of recent homebuyers and home sellers.
Dixie Group Reports Sales Decrease w/ Improved Earnings for Q4 & FY '19
Dalton, GA, March 6, 2020-The Dixie Group, which is celebrating 100 years of business in 2020, reported a YOY net sales loss of 8.2% for Q4 2019; the company had a net income of $26,681 in Q4 2019, compared to a net loss of $12,765 in Q4 2018.
U.S. Wood Industry Asks Commerce To Address Circumvention via Vietnam
Washington, DC, March 9, 2020-The Coalition for Fair Trade in Hardwood Plywood petitioned the U.S. Department of Commerce to issue a scope ruling confirming that certain hardwood plywood products from China that are assembled in Vietnam before being imported into the U.S. are within the scope of the antidumping and countervailing duty orders on certain hardwood plywood products from China, reports the Decorative Hardwood Association.
Nonfarm Employment Rose in February; Unemployment Virtually Flat
Washington, DC, March 6, 2020-Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5%, the U.S. Bureau of Labor Statistics reported.
Fuse Alliance Names Winners of Supplier Awards
Palm Springs, CA, March 6, 2020-At its 2020 conference in Palm Springs, California, Fuse Alliance announced the winners of its annual Supplier Awards.
NeoCon Announces CEU Seminars for 2020 Show
Chicago, IL, March 6, 2020—NeoCon is pleased to announce its rich offering of CEU accredited seminars set for the 2020 show, June 8 to 10.
FloorTek Announces Dates for 2020 Expo
Dalton, GA ,March 6, 2020—American Floorcovering Alliance (AFA) has announced that the 2020 Floortek Expo, held in Dalton, Georgia, will run September 29 to 30.
China Drops Tariffs on Some Logs & Lumber for One Year
Washington, DC, March 6, 2020—China announced it would remove tariffs for some types of hardwood logs and lumber for one year, beginning February 28, reports the Decorative Hardwoods Association.