The purchase includes manufacturing facilities that employ approximately 650 employees in Dalton, GA. and Stratford, Ontario, Canada. The transaction also includes a license to use the Beaulieu and Peerless brand names on home furnishing products other than carpet.
Springs completes Beaulieu rug acquisition
March 22, 2002
FORT MILL, S.C.--Springs Industries Inc. has completed the purchase of Beaulieu's rug divisions in the United States and Canada.