J&J Industries has completed its acquisition of Templeton Hospitality Carpet in Dalton, Ga. Templeton, established in 1974, manufactures and supplies carpet to the hospitality market segment. The new hospitality brand will appear in the marketplace as J+J/Templeton. Steve Hillis will lead the sales, marketing, and design teams for J+J/Templeton, while Gary Horton will lead all production-related operations.
“We are excited to enter the hospitality carpet market with a proven brand like Templeton,” stated David Jolly, president and ceo of J&J Industries. “With J&J’s many resources and Templeton’s segment expertise, we are confident we have the solid foundation to build J+J/Templeton into a significant player in the hospitality arena with high-styled broadloom and modular carpet offerings.”
J+J/Templeton will continue operations at its current location on Willowdale Road in Dalton; the company will have access to the manufacturing resources of J&J Industries, including fiber extrusion, yarn processing, broadloom and modular finishing. Such resources make J+J/Templeton one of the few hospitality brands that is vertically integrated with full manufacturing and quality control, according to the company.
Financial terms of the deal were not disclosed.
J&J acquires Templeton
December 13, 2010