Flooring - Market news and analysis

April 20, 2017

Japan’s production of composite Flooring increased by 4.4% in 2016

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Japan’s production of composite Flooring in 2016 was 67.8 million square metres, 4.4% more than 2015. Active housing starts supported increased production. Market of composite Flooring has changed largely in 2016, ITTO reported.Floor base is shifting from South Sea hardwood plywood to domestic cedar...
April 20, 2017

Innovations4Flooring signs strategic partnership agreement with Kowon R&C Corporation

Innovations4Flooring (I4F), a technology company providing Flooring solutions, has signed a strategic partnership agreement with Kowon R&C Corporation based out of South Korea. The partnership will focus on the development of new intellectual property in the LVT Flooring product category, and re...
April 14, 2017

Armstrong Flooring names Kimberly Z. Boscan as interim CFO

Armstrong Flooring, Inc. announced that John “Jay” W. Thompson, CFO, is leaving the Company effective May 8, 2017, for a position as CFO for a private equity-backed company in the consumer packaged goods industry.Kimberly Z. Boscan, the Company’s Vice President and Controller, has been appointed to ...
April 6, 2017

Kährs Group closes wood floor production unit in Tuupovaara, Finland

The Flooring company Kährs Group is reorganizing its hardwood Flooring production and has decided to close its production unit in Tuupovaara, Finland.Twenty-one employees are affected and the implementation of the closure will start immediately and notices of termination will be given to the employe...
March 31, 2017

Kährs Group to supply wood Flooring to Stena Fastigheter in Sweden

Kährs Group has signed an agreement to supply wood Flooring to Stena Fastigheter. Kährs Group will deliver wood Flooring to Stena Fastigheter in Sweden over a period of two years, with a potential to extend the agreement with one year. Deliveries under the new agreement will start during the first h...
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