Shaw Industries has announced that it has purchased the assets of Stuart Flooring Corp., including its hardwood strip manufacturing facility in Stuart, Va.
Stuart, established in 1922, manufacturered unfinished solid wood flooring and unfinished parquet flooring for homes, and sold to other manufacturers, who then finished the product to their own specifications.
Shaw Industries CEO Vance Bell said, “The acquisition of Stuart enhances our solid wood supply chain, and substantially increases both our sales capacity and product capability in this segment.”
He added that adding Stuart will be a great fit with Shaw’s Zickgraf line.
The financial terms of the acquisition were not disclosed.