Bamboo Hardwoods Transitions to Wholesale; Announces New Executive Team

Oct 26, 2011, 16:44 ET from Bamboo Hardwoods

SEATTLE, Oct. 26, 2011 /PRNewswire/ -- Bamboo Hardwoods, the Northwest's original bamboo flooring company, has announced that it is closing its retail operations and becoming exclusively a wholesaler of bamboo flooring and related products. As part of this move, the company is launching national distribution of products with the Bamboo Hardwoods brand. Hardwood Flooring Distributors of Seattle has been named as the exclusive distributor for Bamboo Hardwoods products in the Pacific Northwest region.

Bamboo Hardwoods also announced that David Maritz is the company's new owner and CEO. Other new executive positions include David Keegan, COO, and Hugh Gallagher, CFO. "This company now has the backing and team it needs to really establish Bamboo Hardwoods as the premier brand of bamboo flooring," said Maritz. "We intend to leverage the quality of our products and our aggressive pricing to seize market share throughout the country." Maritz added that the company is actively seeking appropriate distribution partners for key markets throughout the U.S.

Bamboo Hardwoods now offers a greater variety of floors and panels than ever before. The company distributes four high-quality lines of bamboo flooring: Loft, Hybrid, Arcade, and Construkt. It also distributes flooring certified by the Forest Stewardship Council (FSC), which have a unique and stunning dyed strand woven bamboo with an AdvantEdge core.

Bamboo Hardwoods, which was founded in 1996, was a pioneer in the bamboo flooring arena and is credited with helping create a market for this sustainable, durable flooring product. The company was started with the belief that bamboo holds the promise of a sustainable, cost-effective, and ecologically benign alternative to the widespread clear-cutting of our old growth forests. Today, Bamboo Hardwoods is a leader in the fast-growing industry of bamboo flooring and panel products.

SOURCE Bamboo Hardwoods