Article Number: 4616
LG FLOORS USA Announces Name Change and New Location
LG Corp. has announced the realignment of its subsidiaries to strengthen the efficiencies of its internal organizations. Effective April 1, 2009, LG Corp. subsidiary LG CHEM, LTD, has spun-off to create LG Hausys America, Inc., with the newly incorporated company representing the industrial materials division for commercial and residential construction materials, everyday materials, auto parts and fabrics in the North American marketplace. LG Hausys Floors, the resilient floor covering division will join with the company’s window frame, decorative film, and countertop divisions, all under the new LG Hausys brand. The internal reorganization will not affect LG’s day-to-day market strategies for its resilient floor covering products.
As part of the internal realignment, LG Hausys Floors will be relocating its US headquarters from Englewood Cliffs, New Jersey to Atlanta, Georgia, on August 3, 2009. LG Hausys Floors will share the new Atlanta location with all material divisions that serve North America, allowing for synergistic opportunities to be more easily realized, while simultaneously lowering operating costs for each division. In Atlanta, LG Hausys America’s material divisions will report to one North American president to sharpen focus on the new brand, while sharing the costs of human resources, information technology, facilities management and other expenses.
“It’s more of an internal LG spin-off,” said executive vice president David Thoresen, in charge of the LG Hausys Floors division in North America. “LG looked at its various businesses and decided we would be better served on our own. There just wasn’t a lot of synergy with the chemical side of the business. With one president in North America overlooking our materials division it should allow us to focus much more on the construction industry. It won’t change how we go to market, but we will be able to consolidate a lot of our operating costs. We’re moving into a beautiful new facility in Atlanta together. It’s a great move for us and we’re very excited about the future.”
LG Hausys Floors, one of the world’s foremost producers of resilient floor coverings, has been supplying the North American marketplace with the highest-quality product lines for over a decade. The company’s manufacturing facilities use the most advanced technology and are ISO-14001 and ISO-9001 certified for both environmental and quality standards.
For more information, please contact LG Hausys Floors, 910 Sylvan Ave., Englewood Cliffs, NJ 07632. Ph: 888-543-5872 (LGFL-USA). Fax: 201-408-1027. Web: www.lgfloors-usa.com. Samples: 888-543-5872 (LGFL-USA) xt 1. Tech Support: 888-543-5872, (LGFL-USA), ext 2.
As part of the internal realignment, LG Hausys Floors will be relocating its US headquarters from Englewood Cliffs, New Jersey to Atlanta, Georgia, on August 3, 2009. LG Hausys Floors will share the new Atlanta location with all material divisions that serve North America, allowing for synergistic opportunities to be more easily realized, while simultaneously lowering operating costs for each division. In Atlanta, LG Hausys America’s material divisions will report to one North American president to sharpen focus on the new brand, while sharing the costs of human resources, information technology, facilities management and other expenses.
“It’s more of an internal LG spin-off,” said executive vice president David Thoresen, in charge of the LG Hausys Floors division in North America. “LG looked at its various businesses and decided we would be better served on our own. There just wasn’t a lot of synergy with the chemical side of the business. With one president in North America overlooking our materials division it should allow us to focus much more on the construction industry. It won’t change how we go to market, but we will be able to consolidate a lot of our operating costs. We’re moving into a beautiful new facility in Atlanta together. It’s a great move for us and we’re very excited about the future.”
LG Hausys Floors, one of the world’s foremost producers of resilient floor coverings, has been supplying the North American marketplace with the highest-quality product lines for over a decade. The company’s manufacturing facilities use the most advanced technology and are ISO-14001 and ISO-9001 certified for both environmental and quality standards.
For more information, please contact LG Hausys Floors, 910 Sylvan Ave., Englewood Cliffs, NJ 07632. Ph: 888-543-5872 (LGFL-USA). Fax: 201-408-1027. Web: www.lgfloors-usa.com. Samples: 888-543-5872 (LGFL-USA) xt 1. Tech Support: 888-543-5872, (LGFL-USA), ext 2.
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