Jun 28 2008
In a move that broadens its range of hard surface commercial flooring offerings, Mannington Mills announced today that it has acquired Burke Industries, a manufacturer of high-quality resilient products including rubber flooring tiles, wall base, treads, and accessories.
“The acquisition of Burke is the perfect fit with our strategic growth initiative to become a full-flooring resource for the contract sector,” said Jack Ganley, President of Mannington Commercial. “We believe that by bringing increased flooring solutions to our customers, there is a strong shared future for both brands.”
In addition to product synergy, the companies have complementary histories as well as commitments to the future, noted Burke President and CEO Bob Pitman. “The similarities in our corporate cultures and experiences are a big advantage,” he said. Tom Davis, President and CEO of Mannington Mills, agrees. “Both companies rely on the value of being good people to do business with, which is exemplified not only with words, but with actions. And we each make environmental improvement a high priority, focusing on closing the loop on our respective materials and constantly looking for ways to improve our products and processes.”
Davis said that Burke, based in San Jose, Calif., with a second facility in Eustis, Fla., will maintain its brand identity and become a Mannington subsidiary, and that operations at both locations will continue. No other terms of the acquisition were disclosed.