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.
Hong Kong, February 23, 2022-CFL Flooring (Creative Flooring Solutions) has been granted a patent from the United States Patent and Trademark Office for the GridTech SPC Extrusion Technology used on its acoustic multilayer flooring products and other SPC based products.
Wyandotte, MI, February 24, 2022-Effective March 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.10 per pound in North America.
Washington, DC, February 24, 2022—Sales of new single-family houses in January 2022 were at a seasonally adjusted annual rate of 801,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 4.5% below the revised December rate of 839,000 and 19.3% below the January 2021 estimate of 993,000.
Washington, DC, February 24, 2022-In the week ending February 19, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 17,000 from the previous week's revised level, according to the Department of Labor.
Waregem, Belgium, February 24, 2022—Beaulieu International Group (B.I.G.) announces further price increases for its flooring product brands to take effect in Q2 2022, or as contract terms allow.
Mooresville, NC, February 23, 2022-Lowe's reported Q4 2021 sales were $21.3 billion, a 5% increase compared to $20.3 billion in Q4 2020.
Washington, DC, February 23, 2022-The Architecture Billings Index (ABI) score for January was 51.0 compared to 51.0 in December, according to a new report from The American Institute of Architects (AIA).
Richmond, VA, February 23, 2022-LL Flooring reported net sales of $285.3 million for Q4 2021, a decrease of 6.2% compared to the prior year period’s $304.2 million.
Houston, TX, February 23, 2022-Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil prices near $100 a barrel, reports Reuters.
Altamonte Springs, FL, February 23, 2022-On February 10, Kährs recognized top performing partners from 2021 across three categories: retailer, distributor, and individual salesperson.