Florida Tile to relocate corporate headquarters
Florida Tile will be relocating its corporate headquarters to Lexington, KY. In 2006, Florida Tile was acquired by Panariagroup, an Italian based manufacturer and distributor of porcelain stoneware.
“With the acquisition of Florida Tile by Panariagroup came the investment of $25M in a new state of the art porcelain manufacturing plant in Lawrenceburg, KY. While Florida Tile has been able to operate successfully since the closing of the Lakeland production plant, the optimal situation is to have both the corporate and manufacturing facilities united,” the company notes.
Further, Florida Tile says, “the uniting of the production plant and corporate headquarters will help to maintain and further develop their leading role in the United States tile market."