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Texas Stone & Tile LLC history
Texas Stone & Tile LLC company history timeline
American Olean Tile's origins dated back to 1878, when American Encaustic Tiling Co., Ltd. was incorporated to acquire the business and assets of an even older company.
An affiliate of this company started selling products of Olean Tile Co. in 1937.
Dal-Tile began operations in 1947 as Dallas Ceramic Co., establishing its first wall-tile manufacturing facility and corporate headquarters in Dallas.
Dal-Tile's 1989 revenue was reported to be $337 million.
Overall sales in the tile industry fell 30 percent during 1990--91.
The company planned to open a new manufacturing plant in southeast Dallas in 1994 and a new, $18 million regional warehouse built adjacent to this plant.
American Olean had sales of about $250 million in 1995.
In all, independent distributors accounted for about 52 percent of Dal-Tile's tile sales in 1996, compared with 33 percent for company-operated sales centers and 15 percent for home-center retailers.
Dal-Tile's largest manufacturing facility at the end of 1996 was the one in Monterrey, Mexico, which accounted for about 45 percent of the company's annual manufacturing capacity.
AEA Investors owned 53.5 percent of its stock and Armstrong World Industries owned 34.4 percent. Its long-term debt in April 1997 was $470.7 million.
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According to available information, 80% of projects in 2021 had no reported payment incidents.
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