Floordaily

Apr 29, 2022 / The Right News Right When It Happens

Top Story

Mohawk's Q1 Sales Up 13%, Earnings Up 3%

Calhoun, GA, April 29, 2022—Mohawk Industries announced net sales Q1 2022 were $3.0 billion, an increase of 13.0% over 2021’s Q1 $2.7 billion.

Today's Flooring News

Aquafil & DC Foam's CARE Board Seats Terminated for Supporting NY EPR Legislation

Dalton, GA, April 29, 2022-Carpet America Recovery Effort (CARE) has terminated Aquafil and DC Foam's board seats for supporting proposed New York extended producer responsibility [EPR] legislation, which will likely pass next week.

Consumer Sentiment Rose to 9.8% in April

Ann Arbor, MI, April 29, 2022—Consumer sentiment rose 9.8% to 65.2 in April, according to the University of Michigan Survey of Consumers.

Personal Income Rose 0.5% in March; Spending Rose 1.1%

Washington, DC, April 29, 2022-Personal income increased $107.2 billion (0.5%) in March, according to estimates released by the Bureau of Economic Analysis.

Mill Point Capital Acquires Cancos Tile Corporation

Farmingville, NY, April 29, 2022—Cancos Tile Corporation, a regional distributor and retailer of luxury ceramic tile and natural stone, has partnered with Mill Point Capital, a middle-market private equity firm focused on control- oriented investments in the business services, industrials and IT services sectors in North America.

Laticrete Named 2022 Supplier of the Year by CTDA

Bethany, CT, April 29, 2022—Laticrete was selected as supplier of the year by the Ceramic Tile Distributor Association (CTDA), an international organization of distributors, manufacturers and allied professionals of ceramic tile and related products.

GA Association of Manufacturers Names Lloyd Avram President

Atlanta, GA, April 29, 2022—The Georgia Association of Manufacturers (GAM) and The Manufacturers Education Foundation (MEF) announced that Lloyd Avram will be elected president of both organizations, effective July 1.

Nanimarquina's Tones Collection Is HD Expo's Flooring Winner

New York, NY, April 29, 2022—Celebrating 35 years of business, Nanimarquina announced that the Tones Collection designed by artist Clàudia Valsells was the winner of the IIDA/HD Expo Annual Product Design Competition in the flooring: carpets or rugs category.

Hardwood Refinishing Receives 10/10 "Joy Score" in NAR Remodeling Impact Report

Washington, DC, April 29, 2022—The National Association of Realtors (NAR) released its Remodeling Impact Report.