Shaw Industries Buys NC-Based Zickgraf Hardwood

Dalton, GA, July 2, 2008—Shaw Industries said today it has purchased Zickgraf Hardwood Flooring Company based in Franklin, N.C. Terms were not disclosed.

Zickgraf has been in the hardwood flooring business for over 55 years and specializes in solid hardwood flooring, offering a wide selection of species and widths. The acquisition strengthens Shaw's position in hard surface flooring. Shaw also purchased Anderson Hardwood Floors last year.

In commenting on the transaction Shaw CEO Vance D. Bell said, “Zickgraf has excellent capabilities in solid wood manufacturing and allows Shaw to continue rounding out our product portfolio in the hardwood category. With our innovative Epic product line, the multidimensional capability of Anderson and now solid wood manufacturing, Shaw has one of the most comprehensive product offerings in the wood industry. We look forward to further growth in this category."

Zickgraf CEO F. P. Bodenheimer Jr. said, "Zickgraf looks forward to expansion and growth within the Shaw Industries family. The communities of Franklin and Bryson City will have the benefits of a financially strong company and a corporate leader in the industry.”




Related Topics:Anderson Tuftex, Shaw Industries Group, Inc.