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At 57% (previous year: 45%), the share of sales of German veneer manufacturers and dealers in Germany increased significantly in 2021, as the current veneer survey by the German Wood Trade Association (GD Holz) has shown. In the other EU countries... [more...]
US imports of hardwood flooring moved higher in March, rising 36% to mark the strongest month since November 2018. Imports from Brazil rose 74% in March and are up 24% over 2021 through the first quarter.... [more...]
The German furniture industry increased its sales by 16.1% to around €4.8 billion in the first quarter of 2022. The industry achieved a plus of 15.6% in Germany. ... [more...]
Mohawk Industries, Inc. announced 1Q 2022 net earnings of $245 million and diluted earnings per share (EPS) of $3.78. Adjusted net earnings were $246 million, and adjusted EPS was $3.78, excluding restructuring, acquisition, and other charges. Net sales for the 1Q 2022 were $3 billion... [more...]
The US wood flooring industry is strong and growing. For 2021 wood flooring is estimated to have accounted for 13.5% of the floor covering market according to Market Insights, up from 11% in 2020.... [more...]
Parquet sales in Germany increased by 0.4% among the vdp member companies in 2021. This resulted in a total area of around 8.7 million m2. ... [more...]
Economic activity in the manufacturing sector grew in March, with the overall economy achieving a 22nd consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM Report on Business.... [more...]