Abbey Carpet Co. Inc. has been cited as the seventh largest privately held company in Florida, according to the Sept. 2002 issue of Florida Trends Magazine.

Abbey Carpet Co. Inc. has been cited as the seventh largest privately held company in Florida, according to the Sept. 2002 issue of Florida Trends Magazine.

According to Philip Gutierrez, chairman and CEO of Abbey Carpet, the improved ranking (last year, Abbey finished 11th) corresponds with a 20 percent increase in revenue to $1.5 billion in sales for 2001.

The Abbey Carpet Co. was established in 1958 in Sacramento, Calif., as a single-branch floor covering store. Today, the company operates more than 750 Abbey Carpet stores nationwide, as well as two national floor covering franchises -- the retail chain Floors to Go and the trade wholesaler The Floor Club.