Armstrong Reports 7.4% Increase in Net Sales for Q1 2021 (Revised)
Lancaster, PA, April 22, 2021–Armstrong Flooring reported net sales of $148.9 million for Q1 2021, an increase of 7.4% over Q1 2020’s $138.7 million.
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.
Laticrete Rolls Out ProjectSafety Initiative
Bethany, CT, April 23, 2021—Laticrete has developed ProjectSafety, a company-wide initiative to bring health and safety information, as well as safer products.
Lowe’s Buys Stainmaster Brand from Invista
Mooresville, N.C., April 22, 2021–Lowe’s announced today its acquisition of the 35-year-old Stainmaster brand, the most recognized carpet brand. The Stainmaster brand first rose to fame in the market thanks to an unprecedented $85 million, three-year advertising campaign by DuPont that started in 1986.
Existing-Home Sales Decreased 3.7% in March
Washington, D.C., April 22, 2021–Total existing-home sales decreased 3.7% from February to a seasonally adjusted annual rate of 6.01 million in March, according to the National Association of Realtors. Sales overall climbed year over year, up 12.3% from a year ago (5.35 million in March 2020).
Jobless Claims Decreased by 39K to 547K in Third Week of April
Washington, D.C., April 22, 2021–In the week ending April 17, the advance figure for seasonally adjusted initial claims was 547,000, a decrease of 39,000 from the previous week's revised level, according to the Department of Labor.
Daltile Offering CEU on Tile, Green Building
Dallas, TX, April 22, 2021–Daltile’s commercial team is launching an updated continuing education unit (CEU), “The Tile Industry & Green Building,” on ways tile can contribute toward green building certifications.
AIA Architecture Billings Index Rose to 55.6 in March
Washington, DC, April 21, 2021-The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for March rose to 55.6 compared to 53.3 in February (any score above 50 indicates an increase in billings).
Crossville Recycled 4.9M Pounds of Porcelain in 2020
Crossville, TN, April 21, 2021-Officials with domestic tile manufacturer Crossville Inc. have announced the company recycled 4,939,251 pounds of fired porcelain in 2020, bringing the company’s cumulative recycling total to more than 139 million pounds since the 2009 launch of the Tile Take-Back program and subsequent Toto USA recycling partnership.
NFA Honors Vance Bell on Final Night of Spring Meeting
Adairsville, GA, April 21, 2021-On the final night of the National Flooring Alliance (NFA) Spring Meeting, Jason McSwain, president of the NFA, called Vance Bell to the stage to honor him as he retires as CEO of Shaw Industries.
Sanft Named CFO of Stanton; Zampaglione, Rocconi, Feldberg Promoted
Woodbury, NY, April 21, 2021-Stanton has named Andrew Sanft to the position of chief financial officer and promoted several members from within.