Engineered Floors Acquires Dream Weaver Carpet Industries
Engineered Floors was established in 2009 by Chairman and CEO Robert E. Shaw, who returned to the industry after retiring in 2006 as CEO of Dalton-based floor-covering manufacturer Shaw Industries Inc. The new company built a fiber and carpet manufacturing plant in Calhoun, Ga. — the first greenfield carpet plant built in North Georgia in the last 25 years, according to James Lesslie, assistant to the chairman. The plant, which is equipped with new machinery, has undergone two expansions, and now measures 510,000 square feet (ft2) and employs a workforce of some 500 people. A new 210,000-ft2 manufacturing plant under construction in Dalton is scheduled to open in the first quarter of 2012. By the end of 2012, the company expects to employ approximately 800 people including those at Dream Weaver Carpets.
Dream Weaver Carpets was founded in 1992 and uses PureColor fiber in its carpet products. As a division of Engineered Floors, the company will continue its operations in Chatsworth and offer its carpets under the Dream Weaver Carpets brand.
"We are excited to have Dream Weaver Carpets become part of the Engineered Floors organization," Shaw said. "Melvin Silvers (founder of Dream Weaver Carpets) has built a solid company and features a great collection of carpets using our PureColor fiber. By combining resources, we can accelerate their growth and help maximize our production efficiencies."
Lesslie noted that the acquisition of Dream Weaver Carpets gives Engineered Floors an entry into retail distribution channels. "We are excited about getting into the full-service side of the carpet industry," he said.
December 13, 2011