Armstrong Fails to Find Buyer, Pushes Deadline to May 8
Lancaster, PA, May 3, 2022-Armstrong Flooring told investors this morning it is likely to file for bankruptcy after it failed to find a buyer, reports Lancaster Online.
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.
CARE's 20th Anniversary Conference Begins Today
Minneapolis, MN, May 3, 2022-- CARE’s 20th annual conference begins today, running through tomorrow, at the Minneapolis Marriott City Center in Minneapolis, Minnesota.
Coverings 2022 Attendance Rose 18% Over 2021
Arlington, VA, May 3, 2022—Coverings hosted an in-person 2022 trade show and conference with an 18% increase in attendance compared to Coverings 2021.
Orders for Manufactured Goods Rose 2.2% in March
Washington, DC, May 3, 2022-New orders for manufactured goods in March, up twenty-two of the last twenty-three months, increased $11.8 billion or 2.2% to $557.3 billion, the U.S. Census Bureau reported. This followed a 0.1% February increase.
March Job Openings Steady at 11.5 Million
Washington, DC, May 3, 2022—The number of job openings was at a series high of 11.5 million on the last business day of March, although little changed over the month, the U.S. Bureau of Labor Statistics reported today.
FCEF Forms Partnership with Ardex
Dalton, GA, May 3, 2022—The Floor Covering Education Foundation (FCEF) welcomes the partnership of Ardex, a solution and service provider of innovative building systems.
NTCA Sponored Author Mollie Elkman at Coverings
Las Vegas, NV, May 3, 2022-The National Tile Contractors Association (NTCA) helped bring Mollie Elkman, author of the book The House That She Built to the Coverings show in early April at the Las Vegas Convention Center in Las Vegas, Nevada.
Bauwerk Group (Boen) Acquires Somerset Hardwood
St. Margrethen, Switzerland, May 2, 2022—Swizerland-based Bauwerk Group AG has announced the acquisition of Somerset Hardwood Flooring, a vertically integrated forest products company based in Somerset, Kentucky, effective May 1.
March Construction Spending Rose 0.1% from Feb., 11.7% YOY
Washington, DC, May 2, 2022—Construction spending during March 2022 was estimated at a seasonally adjusted annual rate of $1,730.5 billion, 0.1% above the revised February estimate of $1,728.6 billion, according to the U.S. Census Bureau, and 11.7% above the March 2021 estimate of $1,548.6 billion.
Välinge Ramping Up Hardwood Wood Capacity, Adding Factory in Croatia
Viken, Sweden, May 2, 2022—Välinge is ramping up capacity for its Hardened Wood Floors featuring its patented Woodura capacity in Viken, Sweden and setting up a mega-factory in Ogulin, Croatia.