Tag "Engineered Floors"

    Engineered Floors poised to purchase Beaulieu Group

Engineered Floors poised to purchase Beaulieu Group

October 9/16, 2017: Volume 32, Issue 9 By Ken Ryan   Dalton–Engineered Floors’ agreement to purchase substantially all operating assets of Beaulieu Group—a deal pending bankruptcy court approval—would make EF a dominant No. 3 player in the carpet segment, a billion-dollar player overall, trailing only industry titans Shaw and Mohawk. If approved, which is expected, the deal could be consummated in November. Back on Sept. 20, Engineered Floors and Beaulieu

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Engineered Floors enters into asset purchase agreement for Beaulieu

Dalton–Engineered Floors LLC has entered into an agreement with Beaulieu Group LLC to purchase substantially all of the operating assets of Beaulieu. The companies had previously announced they had agreed to terms in a letter of intent. They have now concluded those negotiations and executed a definitive agreement. Beaulieu, which is operating under Chapter 11 bankruptcy protection, will seek court approval of this transaction, which is now expected to close

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Engineered Floors reaches a letter of intent to purchase Beaulieu assets

Dalton, Ga.– Engineered Floors has reached a letter of intent agreement in principle to purchase substantially all of the operating assets of Beaulieu Group. The transaction will be contingent upon approvals through the bankruptcy court and due diligence processes. Pending governmental approvals, the transaction is expected to close in the fourth quarter of 2017. Note: Beaulieu Canada is not a subsidiary of Beaulieu Group and is not affected nor part of

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    Carpet: State of the industry—Higher-end goods boost residential end of the market

Carpet: State of the industry—Higher-end goods boost residential end of the market

August 28/September 4: Volume 32, Issue 6 By Ken Ryan   After a slow start to 2017, the residential carpet category gained some traction in the second quarter, resulting in a 2% rise in sales over the year-ago period, with units up 0.5% overall in the first half. Executives cited sales of better goods, an uptick in consumer confidence and price increases that have firmed up the marketplace. The U.S.

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    Power of brands: Quality products, service stand out in a crowd

Power of brands: Quality products, service stand out in a crowd

August 14/21: Volume 32, Issue 5 By Lindsay Baillie A well-known brand has great influence in the mind of the consumer; it can affect her positively or negatively, research shows. According to Latham & Co., a brand consultancy, a strong brand contains incredible power—not just how it is perceived in the world, but also how it redefines the competitive landscape, connects with prospects and influencers, creates memorable experiences, builds lasting

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    Gold Nugget Award honoree features Armstrong floors

Gold Nugget Award honoree features Armstrong floors

Lancaster, Pa.—The 2017 Gold Nugget Awards honored ABC (Affordable, Buildable, Certifiable) Green Home 3.0 with “Best Zero Net Energy Home Design” during its 54th annual competition. The contest honors architectural design and planning excellence in community and home design, green-built housing, site planning, commercial, retail, mixed-use development and specialty housing categories. Featured in the award-winning home is Armstrong Flooring’s U.S.-made American Scrape Hickory engineered floors. “Armstrong Flooring’s commitment to sustainability

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    Carpet pushes back against hard surface

Carpet pushes back against hard surface

July 3/10: Volume 32, Issue 2 By Ken Ryan   Carpet’s share of the overall flooring market has dropped from 50.9% of dollars in 2006 to 41.5% in 2016, according to FCNews estimates. While the downward trend has not been dramatic, it has been steady and consistent. Carpet mill executives don’t need to look at statistics to know what is happening in the marketplace. The big ones (i.e., Mohawk and

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    Fiber report: Soft, durable and cleanability lead checklist

Fiber report: Soft, durable and cleanability lead checklist

May 8/15, 2017: Volume 31, Issue 24 By Ken Ryan Advancements in technology and manufacturing have allowed carpet mills to make significant improvements in fiber construction. The result: carpets that are soft, durable and resistant to stains and soils. Mill executives say today’s demanding consumers are driving these innovative breakthroughs. “Performance-based fibers seem to be a big trend,” said Ayme Sinclair, marketing director, Stanton. “The biggest influence is an increased

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    Engineered Floors breaks ground on new carpet tile plant

Engineered Floors breaks ground on new carpet tile plant

Dalton—Engineered Floors recently broke ground on a new carpet tile manufacturing facility in Dalton, Ga. The initial phase of the plant will total 520,000 square feet and is expected to open January 2018. “This plant is sign of continued growth and marks the beginning a new era for Engineered Floors,” said James Lesslie, executive vice president of sales and marketing. “As the popularity of modular carpet tile has grown, especially

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    Executive Forecast: Carpet—Mills predict rebound as improving economy takes hold

Executive Forecast: Carpet—Mills predict rebound as improving economy takes hold

December 5/12, 2016; Volume 31, Number 13          By Ken Ryan   While 2016 was less than stellar for carpet mills—due in part to the acrimonious Presidential election that some believe hurt consumer spending—executives are looking to bounce back in 2017. Buoyed by an improving economy that many see gaining significant traction, mill executives are forecasting anywhere from a 2%-5% gain, which, if true, would easily eclipse 2016 figures. Mark Clayton,

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    Carpet: Style and performance define 2016 intros

Carpet: Style and performance define 2016 intros

November 21/28, 2016: Volume 31, Number 12 By Ken Ryan Carpet mills ratcheted up their R&D efforts in 2016 like never before to deliver to the market a constellation of compelling products that cover all the important bases: style and design, durability, softness, and stain and pet protection. Following is a closer look at the some of the top introductions and innovations from 2016: Beaulieu Group So Suede and Mulberry

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    Engineered Floors continues to expand SAM facility

Engineered Floors continues to expand SAM facility

Dalton—Engineered Floors’ Whitfield County carpet plant, SAM, is in its fifth phase of a major expansion, FCNews has learned. After the addition is complete the SAM facility will measure about 2 million square feet, making it one of the largest buildings in Georgia. According to James Lesslie, assistant to the chairman, the expansion will increase the company’s productivity and further support Engineered Floors’ residential and commercial endeavors. “This expansion will

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    Joel Martin to head Engineered Floors’ western division; new manager hires

Joel Martin to head Engineered Floors’ western division; new manager hires

Dalton—Engineered Floors appointed floor covering executive Joel Martin to the newly created position of regional vice president, western division. With over 16 years of industry experience, Martin previously served as Engineered Floors’ central regional manager. Martin’s appointment is a result of Engineered Floor’s continued sales growth and the addition of more sales personnel and regional management. Martin’s new responsibilities include overseeing company growth in Engineered Floors’ West Coast, Pacific Northwest,

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    Engineered Floors’ merger with J+J Flooring completed

Engineered Floors’ merger with J+J Flooring completed

Dalton–Engineered Floors has announced that the merger with J+J Flooring Group has been completed. “We are excited about the opportunities that the merger of these two companies will create,” said Bob Shaw, chairman and CEO of Engineered Floors. “During the due diligence process, we were impressed with their service levels, product quality and the overall performance of the J+J organization.”

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    Engineered Floors merges with J&J Industries

Engineered Floors merges with J&J Industries

Dalton—Engineered Floors has merged with J&J Industries. The closing is expected to finalize on or before Feb. 29, pending regulatory and shareholder approvals. “J&J Industries has, for over 60 years, demonstrated strong support for Northwest Georgia, while producing commercial carpets of outstanding quality,” said Robert Shaw, chairman of Engineered Floors. “They are a perfect fit to complement our residential focused manufacturing business and, as such, we plan for J&J to operate as

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Floor Covering News

Press Release

WFCA, ESR Commercial become partners

Dalton, Ga.—The World Floor Covering Association (WFCA) has developed a new business partnership with ESR Commercial, the country’s largest trade association real estate broker. With more than 35 years of

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Novalis taps Ehrlich as VP of sales, marketing

Toronto, Canada—Novalis Innovative Flooring has tapped industry veteran Steve Ehrlich as vice president of sales and marketing for its North American operations. Ehrlich most recently directed new business activity at Invista

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Crossville unveils 2018 Color Trends look book

Crossville, Tenn.—Crossville has released its 2018 Color Trends look book, forecasting the use of black and rich, shadowy hues in commercial and residential design in the coming year. In addition

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