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From Beef to Organized Crime: Report Outlines Key Drivers of Deforestation
Approximately 25 million acres of forestry are lost each year, the vast majority of it in the tropics.
November 29, 2021
News
Pending Home Sales Increase 7.5% in October
The October gain ensures that total existing home sales in 2021 will exceed 6 million—the best performance in 15 years.
November 29, 2021
News
U.S. Doubles Tariffs on Canadian Softwood Lumber
Tariffs on softwood lumber shipments from Canada will increase to 17.9%.
November 29, 2021
News
64% of Small Businesses Say More Aid Needed from Washington
Of industry groups participating in the survey, 81% of manufacturers said more help was needed from Washington for recovery, while 70% of construction workers and 65% of retailers said the same.
November 24, 2021
News
Kährs Issues Sustainability-Linked Bond, Aims to Increase Sustainably Sourced Wood to 87%
“The new financial structure will provide us with greater financial flexibility to invest in the next level of sustainable innovations and to continue our successful expansion outside the Nordic region,” stated Johan Magnusson, president and CEO of Kährs.
November 24, 2021
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Canadian Housing Starts Drop 5.3% in October
Despite the housing start declines, the level of housing starts activity in Canada remains high in historical terms.
November 24, 2021
News
Infrastructure Bill Allots $400M in Financial Aid For Wood Processing Facilities
The bill also provides $2.1 billion in assistance to help manufacturers improve energy, water and material efficiency.
November 24, 2021
News
Hardened Wooden Knife Is Three Times Sharper Than Commercial Table Knives
To achieve the increased hardening, the natural wood is given a chemical treatment, followed by densification, oil soaking, then carving and polishing.
November 24, 2021
News
BuildDirect Acquires Michigan Flooring Retailer for $10M
Superb Flooring & Design LLC serves pro builder customers across the Midwest and has over 50 years of collective experience.
November 24, 2021
News
Mannington Mills Hires John Hammel to Lead Wood, Laminate Business
Hammel previously worked at Shaw Industries, where he was director of category management for hardwood and laminate.
November 24, 2021
News
Existing Home Sales Grow Slightly In October As Inventory Shrinks
“Home sales remain resilient, despite low inventory and increasing affordability challenges,” stated Lawrence Yun, NAR’s chief economist.
November 22, 2021
News
Domotex Germany Cancels January 2022 Show
Organizers said the impact of the COVID-19 pandemic was the impetus for the cancelation of the flooring trade show, which is historically made up of mostly international attendees and exhibitors.
November 22, 2021
News
Construction Employment Remains Below Pre-Pandemic Levels In 33 States
Construction employment increased in only 16 states and D.C. in October compared with February 2020, the last month before the COVID-19 pandemic.
November 22, 2021
News
Bona Launches Floor Visualizer
The visualizer also offers customizable room spaces, where plank sizes can be adjusted from 2.25 inches to 4 inches, floor direction can be changed and floor patterns can be changed to herringbone, chevron, basket and more.
November 22, 2021
News
FloorForce Parent Company Acquires RollMaster Software
The acquisition was the “final piece of the puzzle” in creating an all-in-one integrated platform for flooring dealers, Broadlume CEO Todd Saunders stated.
November 22, 2021
News
Housing Starts Fall Slightly in October
Regionally, housing starts declined 0.8% in the Northeast, 1.0% in the South and 3.3% in the West. Housing starts in the Midwest increased 5.6%.
November 17, 2021
News
WFB Briefs: Rep Seeks New Line; FloorCon 2021 Underway
See quick briefs about the latest wood flooring industry news.
November 17, 2021
News
Lowe’s, Home Depot Report Big Profit Increases in Q3
The two retail giants continued to profit from the home renovation boom.
November 17, 2021
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