Carpet maker Shaw acquires Chattanooga-based digital sample provider
CHATTANOOGA, Tenn. —
Shaw Industries, the country's biggest carpet maker, is buying a Tennessee-based producer of digital carpet samples and design tools.
Shaw, a subsidiary of Warren Buffett's Berkshire Hathaway, acquired Tricycle Inc. for an undisclosed sum.
Tricycle was founded in Chattanooga in 2002 and works with commercial manufacturers, interior designers and architects to visualize carpet designs and colors digitally. The company says its three-dimensional, color corrected digital images reduce waste by removing the need to produce physical samples.
Tricycle will continue to operate independently in service of the commercial flooring industry, and will remain headed by CEO Aern Hetem.
Hetem says in a release that Tricycle is excited to join Shaw, which he calls "a company known for award-winning design, quality, service, innovation, and sustainability."