Breaking Flooring News

Existing-Home Sales Rose 2.2% in December

Washington, DC, January 24, 2025—Total existing-home sales elevated 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December, according to the National Association of Realtors.

Consumer Sentiment Declined 3.9% in January

Ann Arbor, MI, January 24, 2025—Consumer sentiment declined 3.9% to 71.1 in January, according to final results from the University of Michigan Survey of Consumers.

Imports of Hardwood Flooring Up 24% in November

Sterling, VA, January 24, 2025—U.S. imports of hardwood flooring grew by 24% in November with strong gains in imports from Malaysia and Brazil, according to the Decorative Hardwoods Association.

Construction Industry Needs 439,000 New Workers in 2025

Washington, DC, January 24, 2025—The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors

Nox Signs Memorandum of Understanding with BASF ChemCycling

Fostoria, OH, January 24, 2025-Nox Corporation, a luxury vinyl tile (LVT) flooring producer, has signed a Memorandum of Understanding (MoU) with BASF Corporation, a global chemical company, to reduce virgin fossil use and enhance resource circularity in the flooring industry.

Välinge Settles with TriForest and Vancouver Mouldings & Floors

Viken, Sweden, January 24, 2025—Välinge Innovation has recently entered into confidential settlement agreements for an undisclosed amount of monetary compensation with Canadian flooring manufacturers and distributors Triforest Inc., Triforest Manufacturer Inc. and the Canadian retail entity Vancouver Mouldings & Floors Inc.

Adams Named President of Evolutions Floors & New Space Flooring

San Francisco, CA, January 24, 2025—Zachary Adams joined Evolutions Floors and New Space Flooring as president at the beginning of 2025.

Steve Abernathy Retires from WFCA

Dalton, GA, January 24, 2025—The World Floor Covering Association (WFCA) announces the retirement of chief operating officer (COO) Steve Abernathy, effective December 31, 2024.

NeoCon Unveils New Seventh Floor Concept

Chicago, IL, January 23, 2025-NeoCon has announced a dynamic new seventh floor exhibit hall experience, set to debut at the 56th annual NeoCon, June 9 to 11.

Panariagroup USA Launches New Polishing Line at KY Facility

Lawrenceburg, KY, January 23, 2025—Panariagroup USA has launched a new, state-of-the-art polishing line at its advanced manufacturing facility in Lawrenceburg, Kentucky.

WFCA Announces Legal Counsel Change

Dalton, GA, January 23, 2025—The World Floor Covering Association (WFCA) announces the retirement of Jeffrey King, its legal counsel since 1995, marking the conclusion of a career dedicated to supporting the flooring industry.

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