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Engineered Floors buys Dream Weaver Carpet Industries
16
Dec '11
Dalton, Georgia-based US firm Engineered Floors LLC has acquired another US company, Dream Weaver Carpet Industries Inc., a residential carpet producing firm based in Chatsworth, Georgia for an undisclosed amount.

Engineered Floors mainly produces carpets for multi-family housing and also makes PureColor solution-dyed, stain and soil resistant polyester fibre used in residential replacement and multi-family housing carpets.

Robert E. Shaw, Chairman and CEO of Engineered Floors instituted the firm in 2009, as he decided to revisit the industry after retiring as CEO of Dalton based Shaw Industries Inc., a floor-covering producing firm in 2006.

Engineered Floors established a fibre and carpet making plant in Calhoun, Georgia, which was the first green-field plant established in North Georgia during the past 25 years, James Lesslie, Assistant to the Chairman, said.

After two expansions, the plant instituted with fresh machinery now spans on an area of 510,000 square feet and operates with a workforce of around 500 workers.

In addition to this, the company is also building one more manufacturing plant on an area of 210,000 square feet in Dalton, which is scheduled to commence operations in the first quarter of 2012, and the company's workforce is expected to increase to around 800 people towards the close of 2012, including those serving at Dream Weaver Carpets.

Dream Weaver Carpets, established in 1992, utilizes PureColor fibre to prepare its carpet products. Post acquisition, the company would operate in Chatsworth as a division of Engineered Floors and continue supplying carpets under its present brand name.

Mr. Shaw said Melvin Silvers, founder of Dream Weaver Carpets, has developed a strong firm that produces varied range of great carpets using their PureColor fibre.

He added that merging resources of the two companies would help Dream Weaver Carpets speed up its growth, while it will help Engineered Floors maximize its production efficiencies.

Fibre2fashion News Desk - India


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