Breaking Flooring News

Impact Property Solutions Acquires Property Services

Dallas, TX, November 6, 2025—Impact Property Solutions, a Dallas, Texas-based portfolio company of Blue Sage Capital has announced its acquisition of the Property Services division of Interior Logic Group.

Manthey to Succeed Brunk as Mohawk Chief Financial Officer

Calhoun, GA, November 6, 2025—Mohawk announced that James F. Brunk, the company’s chief financial officer, plans to retire, effective April 1, 2026, and Nicholas P. Manthey, vice president of corporate finance and investor relations, will succeed Brunk as Mohawk’s next chief financial officer.

Oliver named SVP, Product & Marketing for Paramount Global Surfaces

Miami, FL, November 6, 2025—Mark Oliver has been named senior vice president of product and marketing at Paramount Global Surfaces.

Beaulieu International Group to Acquire Congoleum

Trenton, NJ, November 5, 2025—Congoleum Acquisition (DBA Congoleum Flooring), a U.S. manufacturer of resilient flooring products, has entered into a definitive agreement for New Congol, a subsidiary of Beaulieu International Group (B.I.G.), a global provider of flooring and material solutions, to acquire the flooring operations of the company and substantially all of its assets.

NAFCD Presents John Sher with Lifetime Achievement Award

Chicago, IL, November 5, 2025-John Sher, who recently retired from the president role at Adleta, was presented a lifetime achievement award during the NAFCD conference, taking place in Chicago, Illinois.

Share of First-Time Homebuyers Fell to Record-Low 21% in 2025

Washington, DC, November 5, 2025—The share of first-time homebuyers dropped to a record low of 21%, while the typical age of first-time buyers climbed to an all-time high of 40 years, according to the National Association of Realtors' 2025 Profile of Home Buyers and Sellers.

Mortgage Applications Declined 1.9% in Week Ending October 31

Washington, DC, November 5, 2025—Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 31, 2025.

RFCI Reports on 2025 Fall BOD & Associate Member Meeting

Marana, AZ, November 5, 2025-The Resilient Floor Covering Institute (RFCI) concluded its 2025 fall board of directors and associate member meeting at the Ritz-Carlton Dove Mountain in Marana, Arizona, marking the largest fall meeting attendance in the organization’s history.