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Nov 08, 2022 / The Right News Right When It Happens

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Ascend Acquires Majority Stake in Circular Polymers

Houston, TX, November 8, 2022-Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET).

Today's Flooring News

Four Flooring Leaders Make Inaugural Georgia 500 List

Dalton, GA, November 8, 2022-Shaw president and CEO Tim Baucom; Vance Bell, former CEO and current chairman of the board for Shaw; Jeffrey Lorberbaum, CEO of Mohawk; and Bob Shaw, CEO of Engineered Floors were featured in the inaugural “Georgia 500” published by Georgia Trend magazine.

Mohawk Announces 2023 Momentum Roadshow Stops

Calhoun, GA, November 8, 2022-Registration is open for the third annual Mohawk Momentum Roadshow. Themed ‘The Floor is Yours,’ the appointment-only traveling show will kick off January 10, 2023 in Washington, D.C..

Varden Forms New Non-Profit Aimed at Solving Installation Crisis

Rockwall, TX, November 8, 2022- Veteran installer and installation trainer Robert Varden has formed the International Floor Covering Training Alliance non-profit, called Unite, with his own funding and vision.

Small Business Optimism Index Declined to 91.3 in October

Washington, DC, November 8, 2022—The Small Business Optimism Index declined 0.8 points in October to 91.3, which is the 10th consecutive month below the 49-year average of 98, according to the National Federation of Independent Business (NFIB).

Developers Delaying Office Renovations Amid Low Demand

New York, NY, November 8, 2022-"U.S. real-estate developers are delaying major office projects already under way or in the planning stages, discouraged by high vacancy rates and the reduction in workspace demand resulting from remote work,” reports the Wall Street Journal.

Responsive Industries Taps Elias Wilf as Distributor

Simpsonville, SC, November 8, 2022-Elias Wilf, a 107-year-old, fourth-generation, family-owned U.S. flooring distributor, will distribute Responsive Industries branded SPC and LVT flooring in the mid-Atlantic region of the United States.