| | | Nov 10, 2021 / The Right News Right When It Happens | | Top Story | | | | AIP Sells AHF Products to Paceline Equity Partners | | Mountville, PA, November 10, 2021-Paceline Equity Partners, LLC today announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners. | | |
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| | Today's Flooring News | | | | Consumer Prices Rose 0.9% in October, Inflation Hits 3-Decade High | | Washington, DC, November 10, 2021-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9% in October on a seasonally adjusted basis after rising 0.4% in September, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | Floor Covering Education Foundation Board Meeting Underway Now | | Chattanooga, TN, November 10, 2021-The Floor Covering Education Foundation (FCEF) board meeting is underway now in Chattanooga, Tennessee at The Chattanoogan Hotel | | |
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| | | | CARE Hits Recycling Milestone of One Billion Pounds | | Dalton, GA, November 10, 2021-As America Recycles Day approaches on November 15, Carpet America Recovery Effort (CARE) has now passed the one billion pound milestone for gross collection of old carpet in California since the start of the California Carpet Stewardship Program in 2011. | | |
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| | | Laminam Doubles Size of Production Facility in Italy | | Fiorano Modenese, IT, November 10, 2021-Laminam has doubled the size of its production factory in Borgotaro, Italy. | | |
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| | | HMTX Names Margaret Walker VP, Legal Affairs | | Norwalk, CT, November 10, 2021-HMTX Industries announced the expansion of its legal team with the appointment of Margaret Walker to the new position of vice president, legal affairs. | | |
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| | | LL Flooring Introduces Hybrid Resilient Products | | Richmond, VA, November 10, 2021-LL Flooring, formerly Lumber Liquidators, is introducing new Duravana hybrid resilient flooring. | | |
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| | | Mortgage Applications Rose 5.5% in First Week of November | | Washington, DC, November 10, 2021—Mortgage applications increased 5.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 5, 2021. | | |
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| | | Initial Jobless Claims Down 4,000 to 267K in First Week of September | | Washington, DC, November 10, 2021—In the week ending November 6, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 4,000 from the previous week's revised level, according to the U.S. Department of Labor, the lowest level for initial claims since March 14, 2020 when it was 256,000. | | |
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| Featured Video | | | | Brian Carson Discusses AHF Products' New Equity Partner Paceline Equities | | November 10, 2021—Brian Carson, CEO with AHF Products, and Kemp Harr discuss the news that AIP has sold its equity ownership of AHF to Paceline | | |
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