Builders saw sales decline significantly as buyers were priced out of the market on higher interest rates and ongoing home building and development costs, including building materials, according to NAHB.
For 2022, Green Good Design received hundreds of submissions from around the world, including prominent manufacturers and Fortune 500 companies such as Mohawk.
As project inquiries declined significantly in Q2 2022 among build-only and design-build professionals, both have lowered their expectations for new committed projects in Q3 2022.
AHF Products announced that it has closed the purchase of certain assets of Armstrong Flooring, Inc., including the rights to license the Armstrong Flooring brand name as well as the purchase of three U.S. manufacturing facilities, in Lancaster and Beech Creek, Pennsylvania, and in Kankakee, Illinois.
HMTX’s sustainable and socially responsible flooring products will be digitally printed with Hymmen’s Jupiter JPT-C print-to-board line in the near future.
This report is part of AIA’s ongoing commitment to supporting its members by providing economic and market research that helps them navigate challenging times as well as help them lead efforts to address the climate crisis.
A bankruptcy judge cleared a final hurdle Friday morning for the sale of Armstrong Flooring’s North American assets to a group led by Mountville, Pennsylvania-based AHF Products, and by Friday evening the companies said the deal should close Monday.
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