Wellmade Performance Flooring, a leading manufacturer of waterproof rigid core flooring, filed for Chapter 11 bankruptcy protection on Aug. 4, 2025, citing the need to halt a lender-initiated foreclosure and pursue a going-concern sale. The filing comes after a March 2025 labor trafficking investigation that significantly impacted the company's operations.

The Tualatin, Ore.-based company, which operates the largest SPC/HDPC flooring factory in the United States through its 328,000-square-foot Cartersville, Georgia facility, reported assets between $50-100 million and liabilities of $10-50 million in its bankruptcy petition filed in the Northern District of Georgia. The company has secured $4 million in debtor-in-possession financing to support operations during the restructuring process.

Founded by brothers Ming "Allen" Chen and Zhu "George" Chen, Wellmade became a technology leader in the flooring industry through its patented High-Density Polymer Composite (HDPC) rigid core technology. The company serves major big-box retailers, producing an estimated 50% of all SPC rigid-core flooring manufactured in the country as of 2025.