Sports surface giants team up:
FieldTurf Tarkett eyes $225 mil. in sales
arkett said it is combining its Tarkett Sports division with FieldTurf, a leading maker of artificial turf that was recently acquired by the company. The integration will create FieldTurf Tarkett, while will market an extensive range of sports related surfaces for both outdoors and indoors. It will be operated out of FieldTurf's Montreal office will be run by John Gilman, who was CEO of FieldTurf prior to the acquisition
``The new FieldTurf Tarkett company will have total revenues of more than US $225 million,'' said Gilman. ``These increased resources will aid us in developing more efficient supply and installation ability. We can continue to grow our intellectual property portfolio and have greater resources to protect against infringement of our patents.''
FieldTurf is widely recognized for patented artificial turf products installed in more than 1500 stadiums, universities, schools and parks worldwide. Tarkett's sports division produces flooring using a variety of materials, including PVC, wood, linoleum and textiles. Its surfaces are used in flooring for track, tennis and other indoor sports.