Interface Sells Dealer Network

Atlanta, GA, March 30, 2006--Interface, Inc., today announced the completion of the sale of its Resource Connect aligned dealer network, and the transition of the network to private ownership. The 10-year old network consisted of 78 independently owned and operated floorcovering companies located throughout the United States and Mexico. The Resource Commercial Flooring Network, as it will now be known, will be member-owned with an experienced management team headed by Ron Lee as executive director. Interface's affiliated carpet mills--Interface Flooring Systems and Bentley Prince Street--will remain vendors to the network. "Our investment in this network of customers and industry partners via these floorcovering dealers has been critical to our execution of two key strategies for Interface: market segmentation, and leadership in sustainability," said Daniel T. Hendrix, president and CEO of Interface, Inc. "The continuity of leadership and industry partnerships will help us stay the course with these initiatives." New executive director Ron Lee brings a wealth of firsthand experience to his role, having served as a founder of the StarNet Cooperative dealer network. He joined Interface in 1996 and served as president of Re:Source (as the Interface-owned dealer network was originally known) for four years. Currently, he is executive vice president of Commercial Interior Resources, an Irvine, California-based flooring contractor, and will leave that role to assume leadership of Resource.


Related Topics:Interface, Starnet