| | | Dec 13, 2021 / The Right News Right When It Happens | | Top Story | | | | PE Firm ADV Partners Invests in CFL | | Calhoun, GA, December 13, 2021- The founders of CFL Flooring (Creative Flooring Solutions), a producer of stone polymer core (SPC) and other multilayer flooring new materials, have decided to let external private equity (PE) investors join CFL in order to prepare the company for the next growth sprint all the while keeping a strong overall majority ownership. | | |
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| | Today's Flooring News | | | | Adleta Ownership Forms ESOP, Sells 100% of Stock | | Carrollton, TX, December 13, 2021-Effective immediately Dianne and Jack Adleta have sold 100% of their Adleta Corporation stock to the newly formed Employee Stock Ownership Plan (ESOP). | | |
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| | | | Companies Delaying Return to Office Amid Omicron | | New York, NY, December 13, 2021-Companies of all sizes are rethinking their plans to send workers back to the office as the new omicron variant adds another layer of uncertainty, reports the Associated Press. | | |
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| | | | NWFA Accepting Submissions for '22 Wood Floor of the Year Awards | | St. Louis, MO, December 13, 2021-The National Wood Flooring Association’s (NWFA) Wood Floor of the Year awards is now accepting submissions for 2022. | | |
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| | | Schuberts Carpet Store Closes Doors After 76 Years | | Jamestown, ND, December 10, 2021-Schuberts Carpet One Floor & Home located in Jamestown, North Dakota closed its doors on November 30, reports The Jamestown Sun. | | |
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| Featured Video | | | | Bruce Zwicker Discusses Drivers for Private Equity Investment in the Flooring Industry | | December 13, 2021—Bruce Zwicker, a flooring industry consultant, and Kemp Harr discuss the drivers behind the surge in private equity investment | | |
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