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.
London, UK, November 22, 2024—"Spot ocean container rates fell 1% this week to an average of $3,413 per 40-foot container, according to rate tracker Drewry. Rates have been falling more or less since July, despite a 4% spike seen two weeks ago,” reports Furniture Today.
Washington, DC, November 22, 2024—The North Carolina Forest Service reported that Hurricane Helene caused more than $213 million of damage to western North Carolina forests across more than 800,000 acres and in 17 counties, according to the Decorative Hardwoods Association.
Lexington, SC, November 22, 2024-Schattdecor announced the startup of its Hotmelt Adhesive production line in Lexington, South Carolina.
Hartford, CT, November 22, 2024-Richard (Rick) Shane, owner of Bestflor Distributors, has died.
Washington, DC, November 21, 2024—Total existing-home sales expanded 3.4% from September to a seasonally adjusted annual rate of 3.96 million in October, according to the National Association of Realtors.
Washington, DC, November 21, 2024—In another sign of America’s ongoing housing affordability crisis, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q3 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home.
New York, NY, November 21, 2024— Winners and finalists of the 2024 Best of BDNY Product Design Competition has been announced.
Jacksonville, FL, November 21, 2024—Cain & Bultman has entered into a distribution partnership with Pliteq, Inc.
Solon, OH, November 21, 2024—Tarkett Home has announced a new distributor partnership with Michael Halebian & Co, bringing its hard surface products to a broader customer base in the Mid-Atlantic region.
Norwalk, CT, November 21, 2024-HMTX Industries has appointed Chao Chin to its Enterprise Leadership Team as senior vice president of strategy & corporate development, highlighting the organization’s commitment to strategic growth.