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Shaw Industries Group, Inc. announced on Monday that it has completed the purchase of US Floors, Inc. The acquisition will further expand Shaw’s strong position in the resilient luxury vinyl tile (LVT) and hard surface markets.
As a leading innovator and marketer of composite core flooring, as well as cork, bamboo and hardwood products, USFloors will bring an even more diverse portfolio of products to Shaw’s expansive offerings. Composite core encompasses a wide range of evolving flooring products, including wood-plastic composite (WPC) and rigid core board (RCB). The companies’ combined design, innovation, service, and operational excellence will enhance both company’s position in the market.
“This is a marked time of growth and progress as we further expand our resilient and hard surface markets with the purchase of USFloors,” said Vance Bell, Shaw chairman and CEO. “Piet Dossche and the USFloors team will provide valuable expertise and market insights as we combine these two forward-thinking companies.”
Through the acquisition of USFloors, Shaw has procured the fastest growing company in the WPC flooring market. The purchase will help further solidify Shaw’s commitment to providing the most durable, design-forward and innovative resilient and hard surface products available in the market. Shaw also recently invested more than $100 million in the creation of a new resilient manufacturing facility in Ringgold, which currently employs approximately 100 associates.
