Flooring Market News

Flooring

Trex Company adds its long-time distributor partner Snavely Forest Products to its South Central network. With this expanded partnership, Snavely will supply Trex products throughout Texas and the surrounding markets through its distribution centers in Dallas and Houston.

i4F Inc. opens in Atlanta, USA

i4F, a group of companies providing patents and technologies to the flooring industry, announced the creation of i4F Inc. with its base located in Atlanta, Georgia, USA.

Lunacomp merges with Lunawood

Lunawood Thermowood Composite manufacturer Lunacomp Oy will merge into Oy Lunawood Ltd’s business as of October 1, 2022.

Samuel Vonrüti is taking charge of all marketing in the Bauwerk Group. He has extensive experience in marketing, product management, and innovation. And this is what he brings to the table working for the global leader in the manufacturing of premium parquet floors.

The government of Canada announces a combined contribution of over $550,000 to the Hybrid Timber Floor System Project led by EllisDon and DIALOG. The Hybrid Timber Floor System, a mixture of different materials such as concrete and steel combined with mass timber, offers a reduction in carbon and an increase in buildin...

Goodfellow Inc. reported 2Q 2022 net earnings of $12.5 million or $1.46 per share compared to net earnings of $14.0 million or $1.63 per share a year ago. Consolidated sales for the three months ended May 31, 2022 were $184.9 million compared to $185.5 million last year.

Currently, company continue to make only a minimum amount of sales sufficient to generate enough local currency to pay employees in Russia.

Välinge is further ramping up its capacity in Viken, Sweden, and sets up a mega-factory in Ogulin, Croatia. The first phase is scheduled to be operational by 2023 and all phases finalized and up and running in 2027. The Ogulin factory site will include a warehouse, press hall, process hall, powder production, energy st...

How the world wood markets will change and what the Russian forest based industry will lose. The new report provides a detailed picture of how the global markets for wood products have changed in January-April 2022, and what consequences the war has had for Russian companies. It presents also the forecasts of the owner...