Tom Karol, CEO of T&L Distributing, one of the largest flooring distributors in the Southwest, announced that a Letter of Intent has been signed for E.J. Welch Company based in St. Louis, Missouri, to purchase a controlling interest in the company.
Since this announcement, CFL has began building out their executive team to support this new operation that will employ up to 300 people by the end of next year.
To meet the demands of its customers, partners and increasing business activities in the region, the company has relocated its business and technical operations to larger premises in the JingAn District of Shanghai, China.
Now that states and businesses are beginning to open up, you need to take a close look at what opportunities are out there for the future of your store, your employees and your community.