Orders for Durable Goods Inched Down 0.2% in August
Washington, DC, September 27, 2022—New orders for manufactured durable goods in August, down two consecutive months, decreased $0.6 billion or 0.2% to $272.7 billion, the U.S. Census Bureau.
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.
Novalis to Launch Digital Product Passports
Dalton, GA, September 27, 2022—In anticipation of the pending European Green Deal, Novalis is developing Digital Product Passports (DPPs) for its commercial AVA brand, which will help contractors and end-users easily and quickly identify the products and find important installation, removal and replacement information via a QR code on the back.
Benchwick Beta-Testing Technology that "Learns" & Recreates Wood Species
New York, NY, September 27, 2022—Benchwick announced a new technology called Envision.Style that “learns” wood species (color, grain, patterns, etc.) and then recreates panels that are true to the original sample.
Cersaie 2022 Opens Today in Bologna
Bologna, IT, September 26, 2022-The 39th Cersaie opens today at the Bologna Exhibition center with a program of events organized with the support of the Italian Ministry of Foreign Affairs and International Cooperation and the Italian Trade Agency ITA.
Mohawk Group to Source Homogeneous Vinyl From Former Armstrong China Plant
Calhoun, GA, September 26, 2022-Mohawk Group has reached an agreement to exclusively source and distribute homogeneous sheet vinyl products manufactured by Armstrong Advanced Flooring (China) Co., Ltd.
HMTX Completes Initial Materiality Assessment
Norwalk, CT, September 26, 2022-In 2022, HMTX Industries conducted its first Materiality Assessment-an important step in the company’s growing Environmental, Social, Governance & Resilience (ESG&R) efforts.
Apartment Rent Rates Falling from Record Highs
New York, NY, September 26, 2022—"Apartment rents are falling from record highs across the U.S. for the first time in nearly two years, offering the prospect of relief to millions of tenants who have seen steep increases during the pandemic,” reports the Wall Street Journal.
Sherwin-Williams Names Redend Point Its Color of 2023
Cleveland, OH, September 26, 2022—Sherwin-Williams has announced its 2023 color of the year, Redend Point.
Karndean Named a Top Pittsburgh Workplace for 11th Year
Export, PA, September 26, 2022—The U.S. corporate headquarters of luxury vinyl supplier Karndean Designflooring has been named a Pittsburgh-area “Top Workplace” for the 11th consecutive year by The Pittsburgh Post-Gazette.
Low Locked-In Interest Rates May Dissuade Homeowners from Moving
New York, NY, September 23, 2022—"Homeowners with low mortgage rates are balking at the prospect of selling their homes to borrow at much higher rates for their next homes, a development that could limit the supply of houses for sale for years to come,” reports the Wall Street Journal.