2014-06-05

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Media Release: Gov. Nathan Deal announced today that Surya will create 200 new jobs and invest $30 million into its corporate office and distribution facility in Cartersville.

“Surya’s decision to expand in Georgia is an indicator of the strength of our competitive business climate,” said Deal. “With a highly effective logistics infrastructure that includes the busiest passenger airport in the world, the fourth-busiest container port in the nation and an interconnected highway and railway system, it is clear that Surya made the right choice.”

Surya will open a state-of-the-art, 1,000,000-square-foot facility that will handle supply chain management, sales and web and creative development services for the company. Hiring has already begun. The project will retain 250 jobs and create 200 new jobs over the next few years.

“During the past several years, Surya has invested in a number of home accessories categories, resulting in significant year-over-year growth and steady expansion of our employee base and warehouse capacity,” said Satya Tiwari, president of Surya. “Our new facility will enable us to consolidate our product offerings under one roof, providing a highly efficient logistics base and the operational flexibility needed to optimally serve our designer and retailer customers. The addition of 53,000 square feet of inviting office space, designed with Surya’s energetic and collaborative culture in mind, will provide a great working environment for both existing employees and new talent as we continue to execute on our strategy to become a $1 billion company.”

Surya is an India-based company that makes machine and hand-knotted rugs and sells soft goods for the home furnishings market. The rugs and decorative accessories are made abroad and shipped to the United States for sales and distribution operations. Surya markets its products to the retailer, interior designer and hospitality markets globally from its current location.

The project is being developed by Sean Coughlin of C2 Partners LLC in close cooperation with the Cartersville-Bartow Development Authority and Carl Campbell, regional project manager at the Department of Economic Development (GDEcD).

“On behalf of Bartow County, we are very pleased that Surya has chosen a site in an area that we believe is one of the Southeast’s premier locations for business,” said Bartow County Sole Commissioner Steve Taylor. “I’m happy to welcome them to Bartow’s corporate community and look forward to a great partnership.”

“Georgia has become the perfect place for companies engaged in distribution operations to expand,” said GDEcD Commissioner Chris Carr. “Georgia’s deep roots in the flooring industry and diverse talent pool create an ideal business environment for market-leading companies such as Surya to grow.”

Previously reported on Hometown Headlines: Plans for the development were announced in October 2013 to build the plant on 75 acres in the northwest corner of Cass White Road and Great Valley Parkway off I-75 north of Cartersville, according to state reports. Billed as an “industrial textile facility,” look for the premium carpet maker to build a 574,000-square-foot operation including 50,000 square feet for office space. An additional 711,000 square feet is to be added three years after the first phase is complete in December 2014, according to state Development of Regional Impact reports. Phase two would be wrapped by 2017. Surya has offices in Calhoun and employs around 25 people there.

New this afternoon: Building Facts:

*1,036,000 square feet including 53,000 square feet of office space)

*75 acres (purchased in February 2014 and DRI and Zoning was done late in 2013 by C2 Partners)

*Use for U.S. headquarters for Administration, marketing, sales, design and development, support and distribution of Surya’s product line

-Product: rugs, accent furniture, lighting, decorative accents, pillows, throws, wall décor

-Company President Satya Tiwari

-250 current jobs growing to 450-500 total in the next 12-24 months.

-Currently in City of Calhoun/ Gordon County

*Building being developed by C2 Partners LLC (Sean Coughlin)

*Architect is Luckett Architects (Steve Luckett)

*Contractor is New South Construction (Doug Davidson)

*SunTrust is handling the project financing

*Start Date is Late July/ early August 2014 (12-month construction schedule)

*IRB issue is $33.5 million (total project cost)

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