| Mar 18, 2025 / The Right News Right When It Happens | Top Story | | Bjelin Forms Bjelin Group, Names Alfredsson CEO | Helsingborg, Sweden, March 18, 2025— Bjelin is entering a new phase of growth with a strong industrial focus, marked by the formation of Bjelin Group, which consolidates seven companies under one structure fully owned by Pervanovo Invest AB. | |
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| Today's Flooring News | | Bentley Mills' Earnings Declined 3.9% in 2024, EBITDA Up 4.6% | Waregem, Belgium, March 18, 2025-Belysse announced that Bentley Mills’ earnings for 2024 were $169 million, a 3.9% decline from the prior year due to lower volumes in the first half and stable average selling prices. | |
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| | February Housing Starts Up 11.2% from January, 2.9% YOY | Washington, DC, March 18, 2025—Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,501,000, 11.2% above the revised January estimate of 1,350,000 but 2.9% below the February 2024 rate of 1,546,000. | |
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| | NTCA Announces 28 Contractors Earning Five-Star Accreditation | Jackson, MS, March 18, 2025-The National Tile Contractors Association (NTCA) announces the latest group of elite contractors achieving Five-Star Accreditation, a distinction that sets the highest standard for professionalism, craftsmanship and industry expertise in the tile industry. | |
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| Import Prices Rose 0.4% in February, Export Prices Up 0.1% | Washington, DC, March 18, 2025-U.S. import prices increased 0.4% in February following a 0.4% advance in January, the U.S. Bureau of Labor Statistics reported. | |
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| Industrial Production Rose 0.7% in February | Washington, DC, March 18, 2025—Industrial production (IP) increased 0.7% in February after moving up 0.3% in January, according to the Federal Reserve. | |
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| Former Exec Sentenced to 7+ Years for Defrauding Mohawk | Atlanta, GA, March 18, 2025-Jana Kanyadan, former global chief information officer of Mohawk Industries, has been sentenced to more than seven years in federal prison for defrauding Mohawk. | |
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| Nemo Names Silano President of Tile and Stone Division | New York, NY, March 18, 2025-Nemo Tile + Stone has named Ron Silano as president of the Nemo Tile and Stone Division. | |
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| Blakley Corp. Appoints Tishler to Run Residential Flooring Group | Indianapolis, IN, March 18, 2025-The Blakley Corporation, a diversified construction services company in Indianapolis, Indiana, has hired Harry Tishler to head its residential flooring group which includes retail, multi-family housing and builder sales. | |
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Featured Video | | Mark Hutto Discusses Business Conditions with Certified Finishes, Shaw Commercial's ESP Meeting | March 18, 2025—Mark Hutto, CEO with Certified Finishes, and Kemp Harr discuss business conditions with his commercial floorcovering contractor b | |
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