Shaw Industries Group on Monday announced it has completed the purchase of USFloors Inc., which will expand its already strong position in the luxury vinyl tile and hard surface markets.
“This is a marked time of growth and progress as we further expand our resilient and hard surface markets with the purchase of USFloors,” Shaw CEO Vance Bell said in a statement.
USFloors, a leading innovator and marketer of composite core flooring as well as cork, bamboo and hardwood products, is seen as bringing a more diverse portfolio of products to Shaw’s offerings. Composite core encompasses a wide range of evolving flooring products, including wood-plastic composite (WPC) and rigid core board. The companies’ combined design, innovation, service and operational excellence will enhance both of their positions in the market, according to Shaw.
Through the acquisition of Dalton-based USFloors, Shaw procured the fastest growing company in the wood-plastic flooring market, Shaw said.
Shaw also recently invested more than $100 million in the creation of a new resilient manufacturing facility in Ringgold, Ga., which currently employs about 100 people.