Solon, Ohio—Effective immediately, Len Ferro has been named president of the Tandus Centiva business division of Tarkett North America, prorating to Glen Morrison. Ferro succeeds Glen Hussmann who announced his retirement in January.
Hicksville, N.Y.—Tarkett has acquired Tandus Flooring. The move allows Tarkett to expand into the commercial carpet business in North America and Asia Pacific, and enhances each company’s ability to provide their customers a broader range of products and services. The transaction closed Sept. 28.
“This acquisition is aligned with our mission to enhance our customers’ return on investment and quality of life, now offering complementary solutions in both hard and soft surfaces,” said Michel Giannuzzi, Tarkett Group CEO. “Thanks to this strategic move, we will reinforce our position as a global leading flooring provider, extending our activities in the commercial carpet market in North America while further developing our footprint in the fast growing Asian markets. Leveraging the combined strength of Tandus and Tarkett, we will continue to grow faster than the market.” Continue reading Tandus expands portfolio via Tandus purchase
But lack of public funding stalls institutional
by Steven Feldman
It wasn’t too long ago the flooring industry was lamenting a downturn in the commercial market as the re-cession that decimated the residential side of the business began to spread like wildfire. But those days seem to be in the rear-view mirror as commercial flooring posted low-single digit growth in 2011. Knowledgeable observers pinned the growth anywhere from 2.5% to 5% in dollars, a little less in units. Continue reading Corporate, healthcare fuel commercial business
Dalton –Tandus Flooring was honored with a first place Georgia Association of Manufacturers Safety and Performance Award for the company’s tufting facility. The award recognized manufacturing facilities with 100-299 employees and is one of six awards Tandus Flooring received during the GAM Annual Safety Conference and Awards Luncheon held earlier this month in Atlanta. Continue reading Tandus receives safety award from GAM