Breaking Flooring News

Välinge Names Kies Senior Business Development Director Europe

Viken, Sweden, December 2, 2025—Välinge Innovation has appointed Marcel Kies as senior business development director Europe, a strategic move that further reinforces its position in the European flooring market.

Deadline Set for Emerging Leaders Award Judging

Chattanooga, TN, December 2, 2025-The submissions period for the 2026 Emerging Leaders Award is now open, closing December 19.

Purchasing Managers' Index Declined Slightly to 48.2% in Nov.

Tempe, AZ, December 1, 2025—The Manufacturing Purchasing Managers’ Index (PMI) registered 48.2% in November, a 0.5-percentage point decrease compared to the reading of 48.7% in October, says ISM.

Stanley Stephens Co. Opens 3 New Distribution Centers

Bristol, PA, December 1, 2025—Stanley Stephens Co. (SST), a manufacturer and distributor of commercial flooring solutions serving the East Coast, has announced its strategic expansion into new markets with the opening of distribution facilities in Homewood, Alabama and Summerville, South Carolina.

Many Retail Workers Don't Earn Enough to Afford Apartment Rent

Seattle, WA, December 1, 2025-- The typical retail worker in America earns $34,436 per year-51.6% less than they would need to afford the typical apartment.

Ceramic and Vinyl Imports to U.S. Both Rose in August, Says Truist

Charlotte, NC, November 26, 2025-Truist reports on ceramic and vinyl flooring imports in August.

Intertek Acquires Professional Testing Laboratory

Dalton, GA, November 26, 2025—Intertek Group, a Total Quality Assurance (TQA) provider to industries worldwide, has expanded its service offering in North America through the acquisition of Professional Testing Laboratory (PTL), a provider of testing services for the flooring industry.

Close to 85,000 U.S. Sellers Delisted Their Homes in September

New York, NY, November 26, 2025-"Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market,” reports CNBC.

Initial Jobless Claims Declined by 6,000 in Week Ending Nov. 22

Washington, DC, November 26, 2025-In the week ending November 22, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 6,000 from the previous week's revised level, according to the Department of Labor.

Mortgage Applications Inched Up 0.2% in Week Ending Nov. 21

Washington, DC, November 26, 2025-Mortgage applications increased 0.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 21, 2025.

Akzo Nobel and Axalta Coating Systems Announce Plan to Merge

Nashville, TN, November 26, 2025-Akzo Nobel and Axalta Coating Systems have entered into a definitive agreement to combine in an all-stock merger of equals, creating a global coatings company with an enterprise value of approximately $25 billion.

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