The Floor Covering Industry Foundation's Gala at Gotham Hall, New York City, on October 5, 2024, is almost sold out. The event will honor Sy Cohen, Dan Frierson, and Roger Marcus for their industry contributions. Proceeds support FCIF's mission to aid floor-covering industry workers facing medical crises through direct grants.
Consumer prices rose 2.9% in the 12 months through July, the smallest 12-month increase since March 2021, the Labor Department reported in its consumer price index.
The company, which started in 2024 with two college friends' idea to create sustainable building materials from bamboo after a surf trip to Hawaii, has grown into a diverse brand offering premium flooring, rugs, turf, and composite decking.
The company expanded its commitment to community service by partnering with two nonprofit organizations, Eleventh Hour Rescue and Habitat for Humanity.
CEO Ted Decker noted that while long-term fundamentals for home improvement remain strong, higher interest rates and economic uncertainty have pressured consumer demand.
The International Surface Event (TISE) named the winners of the first 2025 regional installation competition, held on August 10 at T&A Supply Co. in Seattle, Washington.
The new 750,000-square-foot facility will begin shipping products in the fourth quarter of this year and aims to establish itself as a hub for innovation.
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