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.

Impact Property Solutions Acquires Cutting Edge Carpet

Impact Property Solutions Acquires Cutting Edge Carpet

Austin, TX, May 9, 2022—Impact Property Solutions, a Dallas, Texas-based portfolio company of Blue Sage Capital, headquartered in Austin, Texas, has acquired Cutting Edge Carpet, a Florida-based provider of flooring products and installation services to multifamily properties and developers.

Ceramic Imports Declined 4.9% YOY in Q1 2022

Ceramic Imports Declined 4.9% YOY in Q1 2022

New York, NY, May 9, 2022-In the first three months of 2022, U.S. ceramic tile imports were down 4.9% to 47.1 million square meters year over year, compared to 49.5 million square meters in the first three months of 2021, reports Grosser Consulting.

New York State Legislature Sends Carpet EPR Bill to Governor

New York State Legislature Sends Carpet EPR Bill to Governor

Albany, NY, May 9, 2022-New York has moved one step closer to becoming the second U.S. state, following California, to enact a carpet Extended Producer Responsibility (EPR) law that will significantly increase carpet recycling and reduce toxics in the manufacturing of new carpet.

Material Bank Secures An Additional $175M in Funding

Material Bank Secures An Additional $175M in Funding

New York, NY, May 6, 2022-Material Bank-a marketplace for architectural, design, and construction materials-has secured $175 million in Series D funding led by Brookfield’s technology investment arm Brookfield Growth, with participation from additional strategic partners Fifth Wall, SoftBank Vision Fund 2, and RXR.