Floordaily

Jan 03, 2022 / The Right News Right When It Happens

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Armstrong Amends Credit Facility & Hires Firm to Mull Sale of Company

Lancaster, PA, January 3, 2022-Armstrong Flooring has amended its ABL Credit Facility and Term Loan Facility.

Today's Flooring News

Forbo Announces 3% to 10% Price Increase

Hazleton, PA, January 3, 2022—Forbo Flooring Systems is implementing a 3% to 10% price increase on all commercial and residential flooring and sundry products, effective with orders placed on or after February 7.

Construction Spending Rose 0.4% in November

Washington, DC, January 3, 2021—Construction spending during November 2021 was estimated at a seasonally adjusted annual rate of $1,625.9 billion, 0.4% above the revised October estimate of $1,618.8 billion, according to the U.S. Census Bureau.

November Purchasing Managers Index Rose to 61.1%

Tempe, AZ, January 3, 2021—The November Manufacturing Purchasing Managers Index registered 61.1%, an increase of 0.3 percentage point from the October reading of 60.8%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Shaw Floors Brand Returning to Surfaces After 15-Year Absence

Las Vegas, NV, January 3, 2022-After a 15-year absence at The International Surfaces Event (Surfaces), Shaw returns to the show, bringing its residential and main street brands, including Philadelphia Commercial and Shaw Floors.

Freudenberg Announces 20% Price Increase on Colback & Lutradur

Durham, NC, January 3, 2022—Freudenberg Performance Materials (FPM) has announced a general price increase for Colback and Lutradur products in North America.