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.

Labor Productivity Declined 4.8% in Q4 2020

Labor Productivity Declined 4.8% in Q4 2020

Washington, DC, February 4, 2021—Nonfarm business sector labor productivity decreased 4.8% in Q4 2020, the U.S. Bureau of Labor Statistics reported, as output increased 5.3% and hours worked increased 10.7%.

Flooring Companies Included Among NAHB Best of IBSx Nominees

Flooring Companies Included Among NAHB Best of IBSx Nominees

Washington, DC, February 3, 2021—The National Association of Home Builders (NAHB) announced the finalists for its inaugural Best of IBSx Awards for the 2021 NAHB International Builders’ Show virtual experience (IBSx), and two flooring-related companies were among them.

Interior Logic Group Acquired by Blackstone Group

Interior Logic Group Acquired by Blackstone Group

New York, NY, February 2, 2021--Blackstone Group has reached a definitive agreement to acquire Interior Logic Group Holdings from Littlejohn & Co., Platinum Equity and other equity holders, for a total transaction value of approximately $1.6 billion.

Home Improvement Trend Creates Opportunity in Flooring Installation

Home Improvement Trend Creates Opportunity in Flooring Installation

Columbus, OH, February 2, 2021- With home improvement projects on the rise amid the Covid quarantine and demand for skilled labor, including flooring installers, to complete such projects in short supply, Clint Morse, a former cosmetics executive, launched a Footprints Floors franchise in Columbus, Ohio, reports Spectrum News 1.