With an eye toward expanding its portfolio of hard surface commercial flooring options, Mannington Mills said it has purchased Burke Industries. Known for a range of resilient products including rubber flooring tiles, wall base, treads and accessories, the San Jose, Calif.-based manufacturer will "maintain its brand identity" as a Mannington subsidiary. Additionally, plans call for both of the company's plants, including one in Eustis, Fla., to keep running. Other terms were not disclosed.
“The acquisition of Burke is the perfect fit with our strategic growth initiative to become a full-flooring resource for the contract sector,” said Jack Ganley, president of Mannington Commercial. “Not only are we delighted to expand the range of flooring choices that we already offer to designers and architects, but we’re excited about the opportunities that the combined strengths of Mannington and Burke will create. We believe that by bringing increased flooring solutions to our customers, there is a strong shared future for both brands.”
Bob Pitman, president and CEO of Burke, agreed that the companies fit together well. “The similarities in our corporate cultures and experiences are a big advantage,” he said.
According to Tom Davis, president and CEO of Mannington Mills, both companies share an environmental philosophy as well. "We each make environmental improvement a high priority, focusing on closing the loop on our respective materials and constantly looking for ways to improve our products and processes,” he said.
Mannington buys Burke: 'Delighted to expand the range of flooring choices'
June 26, 2008