Victoria CEO Phillipe Harners reported that while the flooring sector is experiencing the most severe and longest decline in demand in the last 30 years, the company is optimizing productivity and reducing operational costs while maintaining production capacity to prepare for future demand.
Couristan will open a 2,659-square-foot showroom in the IHFC building at High Point Market, celebrating its grand opening on October 27. The mid-century modern space showcases high-end handmade rugs and designer-driven residential broadloom products while honoring the company's 98-year history through a history wall display.
Portobello America, the U.S. arm of Portobello Grupo, celebrates a year of achievements since launching its state-of-the-art manufacturing facility in Baxter, Tennessee.
Luxury flooring brand Riva Spain opens four new "Riva Corners" in Massachusetts, showcasing their high-quality, sustainable wood products. The expansion reflects the brand's growth in the region, with business tripling over two years.
The buildout provides additional warehousing space for commercial flooring products, including luxury vinyl tile and sheet flooring used for healthcare, senior living, multifamily, retail, hospitality, education, transportation, and workplace projects.
Nayyer Carpets has a production capacity of 50 million square meters annually and is poised to serve markets across the Gulf Cooperation Council (GCC) countries, Africa, India, and Pakistan. The company’s expansion strategy includes plans to double both its production output and workforce every year as it scales its operations.
Foam Products Corp., a producer of acoustical underlayment for the flooring industry based in Calhoun, Georgia, reported that its Tennessee production facility was affected by floodwaters caused by Hurricane Helene.
Portobello America makes its mark at Cersaie 2024 in Bologna, Italy. The U.S. arm of Portobello Grupo unveils "Bossa on the Road," its first global tile collection, blending American practicality with Brazilian flair.