Residential Nordics, Residential North America and the commercial segment within healthcare and education continued to be strong, while sales in western and southern Europe slowed sharply. The company said it will adjust its production capacity to meet lower demand in 2023.
Michael Halebian & Co offers a complete line of commercial and residential resilient, wood, vinyl, laminate, and rubber flooring as well as flooring underlayment and flooring accessories.
Nox was credited for its contribution to innovation for sustainability through its efforts to use Bio-Circular Balanced PVC, a sustainable raw material that recycled discarded resources such as waste cooking oil to achieve 114% carbon reduction.
As an industry veteran with over 10 years of experience in the home furnishings and area rug industries, Tommy Armistead will manage business within the furniture store and mass merchant segments.
I4F CEO John Rietveldt said 2023 is a year of focused growth: "We are deepening further our industry relationships and expanding existing technologies as well as building new future-proof innovations."
