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.
Washington, DC, February 16, 2021—About one-third of multifamily building has moved to low-density markets in the suburbs and exurbs, which are seeing populations increase faster than are city centers over the past year, the National Association of Home Builders reported.
New York, NY, February 16, 2021-Mohawk ranked 373 on Forbes’ 2021 America’s Best Large Employers List.
Washington, DC, February 16, 2021—President Biden has extended the ban on housing foreclosures to June 30. The ban was set to expire on March 31.
Dalton, GA, February 16, 2021-Thor Edman, Jr., 76, died February 1.
Washington, DC, February 15, 2021-Spending on residential improvements will continue to grow at a healthy pace over the next two years, according to experts speaking at an online press conference hosted by NAHB Remodelers during the 2021 IBSx.
Washington, DC, February 15, 2021-Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential homebuyers and impeding the residential construction sector from moving the economy forward, according to the National Association of Home Builders (NAHB).
High Point, NC, February 15, 2021-- Mannington Mills has sold its hardwood manufacturing facility in High Point for $1 million.
Charlotte, NC, February 15, 2021—Huber Engineered Woods has introduced a new brand to join AdvanTech subfloor assembly and ZIP System building enclosure products with Exacor Magnesium-Oxide (MgO) panels.
Calhoun, Ga, February 12, 2021-Mohawk Industries announced net sales for Q4 2020 were $2.6 billion, an increase of 9.0% from Q4 2019’s $2.4 billion. Q4 2020 net earnings were $248 million, a 6.5% decrease compared to $265 million in Q4 2019.
Washington, DC, February 12, 2021-Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021, according to economists from the National Association of Home Builders (NAHB). However, the development market should stabilize by 2022.