Hardwood Floors April/May 2026

BUSINESS BRIEFS

MANUFACTURER MEANDERINGS Akzo Nobel and Axalta Coating Systems Ltd. have entered into a definitive agreement to combine in an all-stock merger of equals. Artistic Finishes, a manufacturer known for its solid wood moldings, stair treads, vents, and finishing technologies, has been acquired by

Nature Flooring Industries Inc. (NFI) has announced the appointment of John Hammel as vice president of its OEM business segment. PG Flooring has appointed Jeff DeRusha as the new territory manager for the U.S. Southeast region. Välinge Innovation has appointed Marcel Kies as senior business development director of Europe. The company also has expanded its operations in Asia with the opening of a new sales and technical support office in Ho Chi Minh City, Vietnam.

John Hammel

Versatrim. Artistic Finishes will continue operating as a distinct brand. Ashley Carter has been promoted to chief executive officer (CEO) of Loba-Wakol North America.

Ashley Carter

Jeff DeRusha

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