LG Hausys Enters into Major Partnership with Shaw Industries

ATLANTA, April 26 /PRNewswire/ -- LG Hausys America, Inc. announces a new partnership with Shaw Industries, where Shaw becomes the sole North American distributor of LG Hausys commercial resilient flooring.

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According to Simon Hong, President of LG Hausys America, "The commercial resilient business represents a $1 billion opportunity. Whereas Armstrong and Mannington are currently the leaders, this partnership leverages LG Hausys' state-of-the-art research and development capabilities combined with Shaw's world-class distribution, sales and marketing functions. Via this strategic alliance, LG Hausys and Shaw together plan to assume a major leadership position within the United States and Canadian resilient commercial flooring markets in the next five years."

This commercial partnership will officially launch in June 2010, initially going to market via existing relationships and sales channels established by LG Hausys. This infrastructure is comprised of regional sales managers, sales agents and distributors.

Dave Thoresen, who has been Vice President of LG Hausys commercial flooring division, will be joining Shaw to manage the entire commercial resilient business operation. All business opportunities after the June partnership launch with Shaw should be communicated to Mr. Thoresen at: [email protected]. Prior to this launch, LG Hausys will continue to operate the business, and all communications should be addressed to Sang Lee, General Manager at LG Hausys America, Inc., at: [email protected].  

This partnership will provide world-leading synergism via two major, cutting-edge organizations: LG Hausys' 50 years of product design and manufacturing excellence, combined with Shaw's legacy of innovative design, sustainability leadership and unmatched logistics network, will allow for radical change in the North American resilient industry.  

About LG Hausys

Focused on windows, interiors, and highly functional materials, LG Hausys is Korea's largest building and decorative material company. A design-driven firm with 85 in-house designers, collaborations with Vera Wang, Karim Rashid, and Allessandro Mendini, LG Hausys is the recipient of international design awards from Red Dot Design Award and International Forum Design Award. For more information, visit www.lghausys.com

About Shaw

Shaw Industries Group, Inc., a subsidiary of Berkshire Hathaway, Inc., is the world's largest carpet manufacturer and a leading floor covering provider with more than $4 billion in annual sales and approximately 25,000 associates. Headquartered in Dalton, Ga., the company manufactures and distributes carpeting, rugs, hardwood, laminate and ceramic tile for residential and commercial applications worldwide. A recognized leader in environmental stewardship, Shaw has implemented hundreds of sustainability initiatives and cradle-to-cradle design solutions, collectively termed the Shaw Green Edge. For more information, visit www.shawfloors.com.

SOURCE LG Hausys America, Inc.