Carpet Exchange Acquired By Shaw Industries

SEATTLE - Seattle-based Carpet Exchange, the largest independent carpet dealer in the United States, has been acquired by carpet manufacturer Shaw Industries of Dalton, Ga.

Gary Schwartz and Michael Goldfarb, both of Seattle, founded the privately held Carpet Exchange 25 years ago. The company's 22 locations in Washington, Colorado and Wyoming will continue to operate as Carpet Exchange, Schwartz said.

Terms of the sale were not disclosed.