Survey Cites Biggest Wood Flooring Threats

A wide ranging survey recently undertaken by the National Wood Flooring Assn. looked at the impact of the viral pandemic on the flooring industry and the outlook for 2021. Asked about the biggest long-term threat to real wood products, 38% of association members cited luxury vinyl tile (LVT) as the biggest challenge, followed by wood-plastic composites (WPC) noted by 26%. On another question, 57% of respondents said “wood-look” products have had a negative effect on real wood product sales. Looking ahead at in-demand product types for 2021, 58% said wide plank flooring, 55% picked engineered products, 46% said factory finished flooring and 45% said long board flooring would have good demand next year.

 

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American Securities Acquires Hexion

Hexion Holdings Corp. has entered into an agreement to be acquired by affiliates of American Securities LLC. The transaction is expected to close in the first half of 2022, following and conditioned upon the closing of the company’s previously announced sale of its epoxy business to Westlake Chemical Corp…

Con-Vey Launches New Web Site

Roseburg, Ore.-based Con-Vey has launched a new website in collaboration with another local Roseburg company, Anvil Northwest. The nine-month project was started with the intent to update the company’s look and promote its services. The result was a beautifully designed site with a paring down of the number…

Arauco Considers Plant In Mexico

Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double…

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