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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

Such is the case with recent events like the Israeli/Hamas War as well as the lingering conflict between Russia and Ukraine. Take, for example, the Ukraine-Russia war, which has had significant ramifications on the global economy, affecting various sectors and regions around the world.

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Supply chain: Disruptions ease, issues remain

Floor Covering News

There remains a difference between product from China/Vietnam and rest of world. China/Vietnam has significantly improved but the rest of world remains difficult. The Russia/Ukraine conflict continues to put pressure on shipments from the rest of world. We have no issue with the freight coming from the U.S.

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Hardwood: State of the Industry 2022

Floor Covering News

These include rising inflation , higher raw materials pricing amid inconsistent availability and, now, a war in Ukraine that has threatened the supply of so many goods and services, including Russia-sourced birch lumber that goes into the core layer of many engineered hardwood flooring products sold globally today.

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Industry Disrupters 2022: Shattering the status quo

Floor Covering News

Even before Russia invaded Ukraine, oil and gas prices were on the rise as demand for fuel oil and other energy products outstripped tight global supplies. Setting new standards in manufacturing, education, sustainability. In February, the energy index jumped 3.5% for the largest monthly rise since October. Mohawk Industries.