Shaw Completes Purchase of USFloors
Shaw has completed the purchase of USFloors.
According to the company, the acquisition will further expand Shaw’s strong position in the resilient luxury vinyl tile (LVT) and hard surface markets.
As an innovator of composite core flooring, as well as cork, bamboo and hardwood products, USFloors will bring an even more diverse portfolio of products to Shaw’s expansive offerings. Composite core encompasses a wide range of evolving flooring products, including wood-plastic composite (WPC) and rigid core board (RCB). The companies’ combined design, innovation, service and operational excellence will enhance both company’s position in the market.
“This is a marked time of growth and progress as we further expand our resilient and hard surface markets with the purchase of USFloors,” said Vance Bell, Shaw's chairman and CEO. “Piet Dossche and the USFloors team will provide valuable expertise and market insights as we combine these two forward-thinking companies.”
Through the acquisition of USFloors, Shaw has procured the fastest growing company in the WPC flooring market. The purchase will help further solidify Shaw’s commitment to providing the most durable, design-forward and innovative resilient and hard surface products available in the market. Shaw also recently invested more than $100 million in the creation of a new resilient manufacturing facility in Ringgold, Ga., which currently employs approximately 100 associates.
“We are extremely proud to join Shaw, a company known for quality, team work, superior service and operational excellence,” said Piet Dossche, CEO. of USFloors. “By combining these two stellar flooring companies, we will further empower our talented teams to solidify our COREtec brand as the leading product within the new WPC flooring category.”
For more information, visit shawinc.com.