Fireclay Tile has acquired Spokane Valley-based Quarry Tile Co. as a part of a greater than $26 million funding to develop its merchandise and manufacturing capabilities.
The Aromas, California-based handmade tile firm on Tuesday introduced the acquisition, which it says will increase its tile manufacturing capability to greater than 10 million sq. ft per yr. Fireclay Tile at the moment produces greater than 1.5 million sq. ft of tile yearly.
“We’re centered on development, so we actually view this as an funding in U.S. manufacturing,” mentioned Eric Edelson, CEO of Fireclay Tile. “We’re actually excited to work with the group right here and develop the enterprise in Spokane.”
Edelson declined to reveal monetary phrases of the acquisition.
Quarry, at 6328 E. Utah Ave., has greater than 82 staff, all of whom will stay with Fireclay Tile as a part of the acquisition. Fireclay Tile, which has 255 staff, took over operation of Quarry’s Spokane Valley facility on Monday, Edelson mentioned.
“We’re very excited to take this subsequent step with Fireclay Tile,” Sean O’Keefe, president of Quarry Tile Co., mentioned in an announcement. “Fireclay’s dedication to its staff, sustainable manufacturing practices, and manufacturing of a few of the most unusual merchandise within the business as we speak made it a pure match.”
Quarry’s sale developed from an possession succession plan, along with its longstanding enterprise relationship with Fireclay Tile. The 2 corporations say they share a dedication to staff and sustainable manufacturing practices, making the mix a “pure match,” O’Keefe mentioned.
“I believe on this partnership, Fireclay has fairly large plans to proceed to develop,” O’Keefe mentioned. “I believe we’ll proceed to be an enormous a part of this neighborhood for a few years.”
O’Keefe will stay with Fireclay Tile as its director of strategic accounts. Heather O’Keefe, who oversaw operation of Quarry’s subsidiary, Precision H2O, and Kelly Heck, Quarry’s chief monetary officer, will stick with the corporate in related roles, Edelson mentioned.
Quarry operates a 122,000-square-foot manufacturing facility in Spokane Valley able to producing 7 million sq. ft of tile per yr. Its subsidiary, Precision H20, provides water-jet chopping for particular shapes and murals.
In June, Fireclay Tile partnered with Quarry to create its necessities assortment, which grew to become its most profitable product launch so far, based on the corporate.
Fireclay additionally expanded its California manufacturing unit by 50,000 sq. ft and put in a second curler fireplace kiln, permitting it to extend tile inventory and cut back manufacturing lead instances. The growth was a part of the corporate’s $26.5 million funding in rising its manufacturing capabilities.
Fireclay is 30% employee-owned and a licensed B-Corp. by B Lab, a nonprofit that measures an organization’s transparency, and social and environmental efficiency.
Quarry, based in 1965, makes glazed tile in additional than 150 styles and sizes, and 125 colours. Distributors and designers have used Quarry’s tiles in quite a lot of tasks, together with single-family houses, eating places and historic restorations of the New York Metropolis Subway and Los Angeles Public Library, based on the corporate’s web site.
Fireclay will probably be seeking to fill a number of manufacturing worker roles in Spokane, though the variety of positions just isn’t but recognized, Edelson mentioned.
“Quarry makes unbelievable tile. It’s the very best in school at it, and that was actually interesting to us,” Edelson mentioned. “In addition they have a very unbelievable group and workforce. We’re excited to be a part of the Spokane neighborhood.”