Mon Nov 18, 2019
Author: RV News Staff
Richloom Fabrics Group Inc., headquartered in New York City, is acquiring Chambers Fabrics and will fully integrate the business into its own effective Dec. 1.
The relationship, which began as a strategic partnership in June 2019, will now be a financial one. Richloom will be producing product at the Chambers plant for its Fortress Clear, Richloom and Solarium brands. Targeting the furniture and RV industries, Richloom will offer customers quality product at mill direct pricing.
Richloom's current RV fabric lines Include the Hit the Road and Tough collections.
"We are excited about this next chapter as we look towards the future," Richloom COO Michael Saivetz says. "Domestic product will complement our existing network of globally sourced fabrics, offering our customers a diverse choice of fabric applications."
The Chambers facility will strengthen Richloom’s leading global position for years to come, he says. Ray Chambers will remain at the Chambers facility as president of manufacturing and engineering, bringing his knowledge of weaving and product. All orders will flow through Richloom’s existing infrastructure based in South Carolina and New York.
At showtime, Richloom will have completely integrated its new domestic component into its product offering.
Jim Richman, CEO and President of Richloom, says, “This is an exciting time for our company; adding aggressively-priced domestic product to our portfolio is something I have wanted to do for many years. It’s great to be back in domestic production.”