Vinyl Flooring Imports Rose 21.9% YOY in March
Charlotte, NC, May 19, 2025-Vinyl flooring “Imports were up 21.9% year over year in units in March, following a solid result in January and modest growth in February,” reports Truist.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
HMTX Names Sen CEO, Stone Stepping Into Exec. Chairman Role
Norwalk, CT, May 19, 2025-HMTX, a global flooring manufacturer, announced that Debarati Sen, currently serving as its group president, has been appointed chief executive officer, effective May 16.
SnapLock Earns New Patent for Assembling Multi-Layer Floor Panels
Salt Lake City, UT, May 17, 2025-SnapLock Industries, a manufacturer and distributor of modular flooring, announces the approval of its latest U.S. patent, adding to its portfolio of proprietary technologies.
Flooring Contractor Among WSJ's "Stealthy Wealthy"
New York, NY, May 19, 2025-"Derek Olson grew up dreaming about the thrill of running his own business. Decades later, that dream came true and made him wealthy-just not exactly in the way he expected. Olson has made a fortune making machines that rip up flooring, like carpeting in elementary schools,” reports the Wall Street Journal in its article titled, “Meet the ‘Stealthy Wealthy’ Who Make Their Money the Boring Way.”
Norman Freebeck Named President of Roppe Holding Company
Fostoria, OH, May 19, 2025-Roppe Holding Company (RHC) has announced the promotion of Norman J. Freebeck to the role of president.
FCIF Hosts Day of Giving on June 1
Dalton, GA, May 19, 2025-The Floor Covering Industry Foundation’s (FCIF) Day of Giving -taking place on June 1-is an opportunity for the flooring industry to come together in support of colleagues facing life-altering medical challenges.
Stanton Announces Partnership with Kravet
Woodbury, NY, May 19, 2025-Stanton has announced a partnership with Kravet, a producer of to-the-trade home furnishings, to unveil an exclusive licensed carpet collection: Kravet x Stanton.
Housing Starts Rose 1.6% in April
Washington, DC, May 16, 2025-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,361,000, according to the U.S. Census Bureau, 1.6% above the revised March estimate of 1,339,000 but 1.7% below the April 2024 rate of 1,385,000.
Consumer Sentiment Declined 2.7% to 50.8 in Early May
Ann Arbor, MI, May 16, 2025-Consumer sentiment declined 2.7% in early May to 50.8, according to results from the University of Michigan Survey of Consumers.
Households Earning $75K Can Only Afford 21.2% of Home Listings
Washington, DC, May 16, 2025—U.S. households earning $75,000 a year can only afford 21.2% of home listings as of March 2025—up slightly from 20.8% a year prior and representing the biggest gain of any income group—demonstrating that the nation's housing affordability gap persists, according to the National Association of Realtors and Realtor.com 2025 Housing Affordability & Supply report.