THURSDAY, March 28, 2024
nationthailand

InterfaceFLOR renames its factory in Thailand

InterfaceFLOR renames its factory in Thailand

INTERFACEFLOR's plant in Thailand has been renamed the Interface Daniel T Hendrix Plant as part of the company's recently implemented worldwide policy to include the name of an executive who has made a strong contribution to sales and profit growth into t

 
The new name is like a token of appreciation for Hendrix, chief executive of InterfaceFLOR, who plays an important role in the company’s leading status in the Thai market for residential and commercial carpets. 
The best evidence, according to the company, is the high turnover, exceeding US$1 billion (Bt35 billion). Thanks to his dedication and vision, the company’s share of the world carpeting market has increased to 35 per cent. 
Hendrix is credited with saving the company from the abyss in 2001 and successfully reducing the company’s debt in 2010. Interface started to enjoy considerable profit since then.
The US-based company has concentrated on taking over companies in Thailand and elsewhere to increase its competitiveness amid the continually fierce carpet market. 
Fast growth contributes to Interface’s strong position against its competitors. The takeover policy has doubled the company’s growth within a considerably short period. 
The most outstanding deal was the takeover of Heuga in the Netherlands in 1988, then the world’s largest maker of floor-covering carpets. This transaction served as a foundation stone for Interface’s stronghold in the world market. 
“Among the greatest successes is [that] all Interface companies in different regions enjoy steady growth of 10 per cent on average in addition to expanding to various markets around the world,” the company said in a release. 
InterfaceFLOR has carpet plants in four continents – North America, Europe, Australia and Asia. 
“Today our plants can be found in China, Thailand, Ireland, the Netherlands, Australia and the US,” it said. “For even greater expansion we are now eyeing such emerging markets as China, India and the Middle East. All of them possess high potential in terms of consumers’ needs and economic prosperity.”
The company says it has also adopted the important policy of maintaining business sustainability and reducing industrial waste to zero by 2020. 
 
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