Northann Corp. Q1 Sales Up 68%, Earnings Down 68%
Elk Grove, CA, May 23, 2024—Northann Corp., owner of Benchwick, reported revenues of $4.6 million for Q1 2024, an increase of 68% from $2.7 million in the same period of 2023.
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.
Gasoline Prices Declining Ahead of Memorial Day Weekend
New York, NY, May 23, 2024-"Prices at the pump are ticking lower again,” reports the Wall Street Journal.
Initial Jobless Claims Declined 8,000 in Week Ending May 18
Washington, DC, May 23, 2024—In the week ending May 18, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 8,000 from the previous week's revised level, according to the Department of Labor.
Mannington Announces 2024 "Art is Cool" Winners
Salem, NJ, May 23, 2024—For 22 years, Mannington Mills has hosted the “Art is Cool” program, recognizing and rewarding the talent of Salem County, New Jersey high school students and encouraging them to pursue their artistic endeavors.
European Producers of Laminate Flooring Assoc. Celebrating 30 Years
Brussels, Belgium, May 23, 2024—This year marks the 30th anniversary of the European Producers of Laminate Flooring Association (EPLF).
Existing-Home Sales Down 1.9% in April Due to High Mortgage Rates
Washington, DC, May 22, 2024-Total existing-home sales slid 1.9% from March to a seasonally adjusted annual rate of 4.14 million in April, according to the National Association of Realtors.
Mortgage Applications Rose 1.9% in Week Ending May 17
Washington, DC, May 22, 2024—Mortgage applications increased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 17, 2024.
Registration Now Open for Mohawk's 2024 Edge Summit
Calhoun, GA, May 22, 2024-Mohawk’s Edge Summit is returning this year with a newly imagined customer experience at the Gaylord Rockies Resort and Convention Center in Denver, Colorado from December 16 to 19.
Panariagroup USA Names Ashley Donaldson VP of Operations
Lexington, KY, May 22, 2024—Panariagroup USA has announced the promotion of Ashley Donaldson to the role of vice president of operations.
Zoe Heller Named Director of CalRecycle
Sacramento, CA, May 22, 2024—Governor Gavin Newsom hs named Zoe Heller to be director of CalRecycle. The California Carpet Stewardship Program is managed by CalRecycle and CARE interacts with CalRecycle staff on a regular basis.