Home Depot Eliminating Chemicals of Concern from Products
Atlanta, GA, October 25, 2017—Home Depot is eliminating substances like formaldehyde and lead in several categories, reports Bloomberg News.
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.
LL Settles Class-Action Suits in Chinese Laminate Case for $36M
Toano, VA, October 25, 2017—Lumber Liquidators and several proposed classes of plaintiffs in the Formaldehyde MDL (MDL 2627) have announced the entry into a Memorandum of Understanding to settle all litigation related to the Chinese-manufactured laminate flooring previously sold by Lumber Liquidators pending in the two Multi-District Litigations in the Eastern District of Virginia.
Durable Goods Orders Rose 2.2% in September
Washington, DC, October 25, 2017—New orders for manufactured durable goods in September increased $5.1 billion or 2.2% to $238.7 billion, the U.S. Census Bureau announced.
Retirement of Redi Carpet CEO Greg Waleke Announced
Atlanta, GA, October 25, 2017—At the FEI Group meeting in San Antonio, Texas, the group announced the official retirement of industry veteran Greg Waleke.
Houzz Q3 Renovation Barometer Reports Positive Outlook
Palo Alto, CA, October 25, 2017—Houzz’s Q3 2017 Houzz Renovation Barometer reflected high quarter-over-quarter confidence for all industry sectors, including architects, designers, general contractors (GCs)/remodelers, design-build, specialty building/renovation and specialty landscape/outdoor, with readings of 62 or higher. Expectations for Q4 are strong across all sectors.
FEI Group Names Members of the Year
Atlanta, GA, October 25, 2017—The FEI Group named its members of the year at its conference in San Antonio, Texas.
Flooring Association Northwest Gives Lifetime Achievement Award
Bellevue, WA, October 25, 2017–Flooring Association Northwest’s board of directors has selected John Ferguson, of Pacific Mat & Commercial Flooring, to receive the 2017 Lifetime Achievement Award.
U.K. Carpet Manufacturer Victoria Acquiring Ceramiche Serra SpA
London, UK, October 24, 2017—U.K. carpet retailer Victoria PLC has expanded into the ceramic flooring market via the acquisition of Italian ceramic flooring manufacturer Ceramiche Serra SpA for a total cash consideration of up to EUR56.5 million.
Liberty Woods Facing Lacey Act Violation Allegations
Reston, VA, October 24, 2017—Global Witness has reported that Liberty Woods, the top importer of plywood in the U.S., is facing numerous allegations of indigenous rights violations, environmentally unsustainable logging, and illegal logging as a result of sourcing timber in Malaysia, according to the Hardwood, Plywood & Veneer Association.
Belmont Textile Machinery Co. Buys Assets of BMB Enterprises
Dalton, GA, October 24, 2017—Effective October 1, Belmont Textile Machinery Company has purchased the assets of BMB Enterprises, located in Dalton, Georgia.