Teragren acquisition…
Earlier this year, Hallmark Floors acquired a manufacturer of bamboo flooring. Since 1994, Teragren has been the leading brand in bamboo flooring, panels, veneer, and countertops. Over the years, they have earned a reputation for quality and environmental and social responsibility. This Teragren acquisition will help expand their footprint and complete distribution in the United States.
What’s next?
“Our goal is to increase value for Teragren’s partners by synergizing the reputation and strengths of Hallmark Floors through our dedicated teams here in the US and overseas,” said Mark Casper; National Sales Manager for Hallmark Floors.
Unfortunately, the bamboo category has been maligned with bad factories producing low-priced and low-quality products. However, Teragren and Hallmark’s core values of quality and sustainability will disprove those stigmas. While most bamboo companies boast claims about their products, Teragren proves them.
“Through this acquisition, we are combining Hallmark Floors multiple years of expertise and unparalleled quality and value with Teragren’s name and recognition as the leader in the bamboo industry,” said Mark Jordan, President of Teragren.
Press Release
Last but not least, Floor Covering Weekly made the big announcement on their website a few weeks ago. Click here to see the full press release.