Flooring - Market news and analysis

August 21, 2017

Japan’s wooden Flooring imports up 30% in June

The volatility in imports of Japan’s assembled wooden Flooring observed in the year to-date continues. After dropping in May imports in June were up almost 30%. Year-on-year Flooring imports have increased 46%, as ITTO reported.The growth in Japan’s wooden Flooring imports in the first half of 2017 ...
August 18, 2017

Armstrong Flooring to close two wood Flooring manufacturing facilities

Armstrong Flooring, Inc. announced the planned closing of two manufacturing facilities in its Wood Flooring segment, including a solid wood plant in Jackson, Tennessee and an engineered wood plant in Vicksburg, Mississippi.This decision was made primarily to rationalize the plant network in response...
August 18, 2017

Armstrong Flooring decreased 2Q net sales to $297.3 million

In the 2Q 2017, Armstrong Flooring's net sales were $297.3 million as compared to $323.7 million in the 2Q 2016, a result of a decline in net sales in both the Wood Flooring and Resilient Flooring segments, as the company said in the press release received by Lesprom Network.2Q 2017 net income was $...
August 14, 2017

Kährs Group's 2Q net sales increased by 5% to SEK 792 million ($98 million)

Kährs Group's 2Q 2017 net sales amounted to SEK 792 million ($98 million), an increase of SEK 37 million ($4.6 million), or 5% compared with the 2Q 2016. The improvement can be attributed to a stable and favourable trend for hardwood Flooring, while sales of resilient Flooring are more volatile over...
August 14, 2017

Armstrong Flooring appoints Ronald Ford as new CFO

Armstrong Flooring, Inc. announces that Ronald D. Ford will become Senior Vice President and CFO, joining the Company effective September 1, 2017. Mr. Ford will have oversight of global finance and accounting functions and will report to Don Maier, President and CEO, as the company says in the press...
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