"We are so excited about the acquisition and future growth of Triton Stone Group. We started Triton Stone Group of New Orleans ten years ago and this city has given us so much to be thankful for," said Peralta. "As a family company with deep roots in New Orleans, we remain deeply invested in the future of both our employees and Triton Stone Group."
Triton Stone Group will relocate its corporate headquarters from Southaven, MS to an existing New Orleans area office (located at 6131 River Road Harahan, LA 70123). Southaven will remain an operating Triton Stone Group location, so no workforce changes are anticipated because of the corporate headquarters transfer.
Furthermore, Louisiana Economic Development (LED) committed a $100,000 performance-based Economic Development Award Program grant to offset part of the cost of a new value added distribution facility Triton Stone Group plans to build on Port of New Orleans property. The new 22,500 square foot facility is anticipated to break ground Spring 2017. As a result of LED's support, Triton Stone Group is projecting the creation of 12 permanent, full-time jobs ranging from corporate positions to managers to dock and warehouse workers.
"This new chapter in the history of Triton Stone Group is a testament to Louisiana's strong business climate and unrivaled geographic resources," Gov. Edwards said. "This project merges several importing efforts to the Port of New Orleans, providing Triton Stone Group with strengthened logistics capabilities and creating great new job opportunities for our people. We congratulate Triton Stone Group on its continued growth. This new activity is representative of strong, Louisiana-grown entrepreneurship."
Triton Stone Group gained five new locations as a result of this acquisition – Southaven, MS; Little Rock, AR; Knoxville, TN; Huntsville, AL and Birmingham, AL. Additionally, it owns and operates nine locations across the Southeastern United States – New Orleans, LA; Baton Rouge, LA; San Antonio, TX; Austin, TX; Mobile, AL; Portsmouth, VA; Richmond, VA; Raleigh, NC and Charleston, SC. In total, Triton Stone Group employs 218 employees across 14 locations in nine states.
Triton Stone Group also has independently owned and operated licensees in the following seven cities – Dallas, TX; Nashville, TN; Atlanta, GA; Fort Myers, FL; Port Charlotte, FL; Fort Lauderdale, FL and Orlando, FL.
A leading importer and distributor of granite and other natural stone products, Triton Stone Group was formed in 2004 and also sells many high-quality kitchen and bath products. For more information about Triton Stone Group, visit www.tritonstone.com or engage with Triton Stone Group on Instagram @tritonstonegroup.
Editor's note: High-res images of new Triton Stone Group leadership and its New Orleans, LA Distribution Center (6131 River Road Harahan, LA 70123) are available via Dropbox by clicking here.
About Triton Stone Group
Formed in 2004, Triton Stone Group is a leading importer and distributor of granite and other natural stone products. Triton Stone Group provides the highest quality natural stone with a commitment to service and a customer's-first attitude. With 14 locations and seven independently owned and operated licensees across the Southeastern United States, Triton Stone Group has access to one of the largest stone slab inventories in the United States.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/triton-stone-of-new-orleans-owners-acquires-triton-stone-group-brand-300400512.html
SOURCE Triton Stone Group