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.

Tarkett Launches New Commercial Website

Tarkett Launches New Commercial Website

Solon, OH, July 12, 2023—This month, Tarkett launched a new website for its commercial business in North America, featuring added functionalities and streamlined design.

Rasa Floors Acquires Floors First Nashville

Rasa Floors Acquires Floors First Nashville

Carrollton, TX, July 11, 2023-Rasa Floors announced it has acquired Floors First Nashville, bringing together two providers of flooring installation services to the multifamily housing industry.

SCI Flooring Acquired by PE Firm Rainier Partners

SCI Flooring Acquired by PE Firm Rainier Partners

Seattle, WA, July 11, 2023-Rainier Partners, a private equity firm investing in lower middle-market services businesses, has announced its investment in SCI Flooring (SCI), a full-service floorcovering services provider serving property managers and owners across the Midwest.

Dodge Momentum Index Declined 2.5% in June

Dodge Momentum Index Declined 2.5% in June

Hamilton, NJ, July 11, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 2.5% in June to 197.3 (2000=100) from the revised May reading of 202.4. Over the month, the commercial component of the DMI rose 3.1%, while the institutional component sunk 10.5%.

Housing Inventory Shortage Limiting Sales

Housing Inventory Shortage Limiting Sales

Washington, DC, July 11, 2023—Amid a significant shortage of housing supply in 2022, 32% of Realtors named a lack of inventory as the most important factor limiting potential clients from making a purchase, according to the National Association of Realtors' 2023 Member Profile.