Home / Knowledge / News / Textiles / Carpet makers Engineered Floors and J&J Industries merge
Carpet makers Engineered Floors and J&J Industries merge
30
Dec '15
Two American carpet makers - Engineered Floors and J&J Industries have merged. The closing is expected to finalize on or before February 29, 2016 pending regulatory and shareholder approvals, according to media reports.

“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 a separate, commercial division of our company.”

Engineered Floors and J&J are both family-owned businesses with similar values of commitment to their employees, their customers and their communities. “These common values and business practices will facilitate the combination of our two excellent companies,” said Jim Jolly, chairman of J&J. “We are excited to join Engineered Floors and provide the commercial expertise and production to their rapidly growing residential business.”

The merger makes the combined entity, which will remain under the chairmanship of Shaw, the third-largest carpet company in the US with about $625 million in revenue, according to an industry magazine. The merged company will employ more than 2,500 employees and include more than 4 million square feet of manufacturing space, officials said. (SH)

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search