Article Number : 7181 |
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| Date | 12/12/2011 8:17:31 AM |
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| View this article at: | http://floorbiz.com/BizNews/NPViewArticle.asp?ArticleID=7181 |
| Abstract | DALTON GA, December 12, 2011––Officials at Engineered Floors, LLC of Dalton, Georgia announced the completed acquisition of Dream Weaver Carpet Industries, Inc. of Chatsworth, Georgia. Engineered Floors produces and markets carpets primarily to the multi-family segment under the Engineered Floors brand. The company also is the exclusive manufacturer of PureColor fiber, the proprietary solution-dyed PET fiber system that... |
| Article | DALTON GA, December 12, 2011––Officials at Engineered Floors, LLC of Dalton, Georgia announced the completed acquisition of Dream Weaver Carpet Industries, Inc. of Chatsworth, Georgia. Engineered Floors produces and markets carpets primarily to the multi-family segment under the Engineered Floors brand. The company also is the exclusive manufacturer of PureColor fiber, the proprietary solution-dyed PET fiber system that has enjoyed 400% growth over the last three years. Dream Weaver produces high-quality residential carpets made with PureColor fiber and sells through independent retailers, new home construction flooring contractors and wholesale distribution. Terms of the acquisition were not disclosed and there are no immediate staffing changes as a result. “We are excited to have Dream Weaver Carpets become part of the Engineered Floors organization,” said Robert E. Shaw, Chairman and CEO of Engineered Floors. “Melvin Silvers (founder of Dream Weaver Carpets) has built a solid company and features a great collection of carpets using our PureColor fiber.” Shaw added, “By combining resources, we can accelerate their growth and help maximize our production efficiencies.” Engineered Floors operates a state-of-the-art fiber and carpet operation in Calhoun, Georgia and will increase capacity by beginning operations at a second, new facility in early 2012. Dream Weaver Carpets will continue operations in Chatsworth, Georgia and will continue marketing under the brand name “Dream Weaver Carpets.” The brand will exhibit at Surfaces 2012 in January, booth #S5739. For more information, contact: James Lesslie Assistant to the Chairman Engineered Floors, LLC james@engineeredfloorsllc.com About Engineered Floors, LLC Engineered Floors, LLC is a privately held carpet yarn producer founded by Robert E. Shaw in 2009 and based in Dalton, Georgia with facilities in Calhoun, Georgia. Engineered Floors employs approximately 500 people. The company produces stain-resistant and colorfast PureColor next-generation solution-dyed polyester fiber for residential replacement and multi-family housing carpets. The company acquired carpet maker Dream Weaver Carpet Industries, Inc. in 2011. About Dream Weaver Carpet Industries, Inc. Dream Weaver Carpet is a privately held carpet maker founded in 1992 in Chatsworth, Georgia. Dream Weaver specializes in quality residential carpets made from next-generation solution-dyed polyester fiber called PureColor. Its carpets provide superior stain-resistance and colorfastness and can be found in floor covering specialty retailers, nationwide. The company was acquired by Engineered Floors, LLC in 2011 and will exhibit at Surfaces 2012, booth #S5739. PureColor is a trademark of Engineered Floors, LLC |