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Interface reports higher income, sales

InterfaceFlorAtlanta—Interface recently reported second quarter net income of $11.0 million, or $0.17 per share, compared with $10.3 million, or $0.16 per share, a year ago.
Sales for the quarter were up 6.1% to $243.5 million, compared with $229.5 million in the second quarter of 2012. Continue reading Interface reports higher income, sales

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Interface forms strategic alliance with Bravo Group, main street commercial targeted

HICKSVILLE, N.Y.—Interface, the world’s largest manufacturer of modular carpet, has reached an agreement with the Bravo Group to distribute an exclusive collection of InterfaceFLOR carpet tile. The line is targeted toward the main street commercial segment.

The agreement is mutually beneficial. Interface furthers its reach to a new customer base with the benefit of having value- added service in local markets, and Bravo distributors, including many of the flooring industry’s best, gain entrée into one of flooring’s few growth categories, one which most currently do not offer.

Almost overnight, Interface not only solidifies national distribution for its modular carpet, but it does so with 13 of the largest flooring distributors in the country that offer warehouses, delivery fleets and professional sales forces. “Interface’s model in the past was limited distribution,” said Al Hurt, president of Mid-west distributor Ohio Valley Flooring. “The primary targets are end users and the A&D community. The focus we can offer to individual dealers with the Interface brand is an essential element. It’s something that adds value throughout the whole supply chain.” Continue reading Interface forms strategic alliance with Bravo Group, main street commercial targeted