CARTERSVILLE, Ga. – Surya has acquired furnishings model Mitchell Gold + Bob Williams (MG+BW), which abruptly declared bankruptcy last August and lately entered Chapter 7 liquidation.
Surya will introduce the model as a trade-only associate, accessible solely to inside designers and retailers. CEO Satya Tiwari stated Surya will return MG+BW to its roots and “construct on its core tenets of workmanship, customization, and a design-forward strategy with MG+BW designs and high quality being preserved and celebrated.”
“We’re devoted to restoring MG+BW to its former glory and past, and we sit up for redefining the requirements of excellence within the dwelling furnishings business,” Tiwari added. “Our acquisition of the MG+BW model reiterates our ongoing dedication to serve the design group as a whole useful resource for dwelling furnishings.”
Surya plans to restart manufacturing and meeting operations on the MG+BW services in Taylorsville, N.C., which will bring jobs back to the area and present “Surya’s dedication to contributing to the financial progress of the realm,” based on Tiwari. Surya expects to start out transport MG+BW merchandise within the first quarter of 2024.
“I’m excited that Surya has emerged as the subsequent steward of the MG+BW model, possessing a profound appreciation for our heritage and a resolute dedication to propel the model ahead,” stated Mitchell Gold, co-founder of MG+BW, who will function an advisor to Surya’s management crew. “After navigating via unsettling occasions, I now see a promising subsequent chapter for the model we constructed over 30 years.
“Surya’s deep understanding of the market, alignment with our design philosophy, and confirmed monitor report to drive future success creates a successful system. I’m passionate about supporting them in any method I can.”
This addition provides to Surya’s rising acquisition of manufacturers together with equipment firm International Views and RST Manufacturers, an out of doors furnishings firm.
See additionally:
‘Furious and heartbroken:’ Founder Mitchell Gold on North Carolina furniture company’s shutdown
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