Shaw Rugs acquires Georgia Tufters
April 22, 2003,
Dalton, GA — Area rug supplier Shaw Rugs has acquired bath and accent rug and top-of-bed manufacturer and importer Georgia Tufters Inc. from majority owners Jeff and Fredrick Brown.
Jeff Meadows, division vp of Shaw Rugs, said Shaw is "very pleased" with its acquisition, which marks two major milestones for Shaw Rugs — its entry into the new categories of bath rugs and a probable move into the ranks of the 15 home textiles suppliers, as ranked by HTT.
"Georgia Tufters has been a well-managed operation, with product lines highly complementary to our current offerings of custom tufted, fabricated, printed and machine-woven rugs," Meadows said. "Rick Brown, Jeff Brown, Tommy Caldwell and the rest of the management team have maintained excellent relationships with their key customers in the mass merchant, catalog and specialty store categories. We will now be able to offer our combined customers an even broader selection of rug products with unmatched style, value, and quality."
Georgia Tufters will maintain operations at its headquarters in Calhoun, GA.
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