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May 10, 2022  /  The Right News Right When It Happens
Top Story
Interface Q1 Sales Rose 14%, Income Up 93%
Atlanta, GA, May 9, 2022-Interface announced Q1 2022 net sales of $288 million, a 14% increase over Q1 2021’s $253.3 million, with growth across all product categories.
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Today's Flooring News
The Dixie Group's Q1 Sales Up 7% YOY, Earnings Down 11%
Dalton, GA, May 10, 2022-The Dixie Group reported net sales of $77.6 million for the first quarter of 2022, or 6.7% above the net sales of $72.7 million in Q1 2021, as adjusted for the divestiture of the commercial business.
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West Coast Dockworkers Begin Union Negotiations
New York, NY, May 10, 2022-West Coast dockworkers and cargo handling companies are due to begin contract negotiations today, which will be integral to managing ongoing supply chain disruptions.
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Reliance Hardwood Flooring to See Increased Production
Clarion, PA, May 10, 2022-Lewis Lumber and Milling, which takes its unfinished hardwood flooring to market under Reliance Hardwood Flooring, is opening its second manufacturing operation, to be located in Clarion County, Pennsylvania.
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The Tile Shop Sales Rose 11.3% in Q1, Income Declined 34%
Minneapolis, MN, May 9, 2022-The Tile Shop announced net sales of $102.5 million for Q1 2022, an 11.3% increase compared to sales of $92.1 million in Q1 2021.
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Woodworkers Union Calls for Complete Ban on Russian Wood
Washington, DC, May 10, 2022-The International Association of Machinists & Aerospace Workers (IAM)--which bills itself as one of the largest unions representing woodworkers in the U.S.--has called on President Joe Biden to halt imports of all Russian and Belarusian soft- and hardwoods.
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Featured Video
Rusty Joyce and Paul Young Discuss Their New Roles Leading Tarkett's Commercial Business
May 10, 2022—Rusty Joyce and Paul Young, President and SVP of product development and design, respectively, and Kemp Harr discuss their new role
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