First, we are so thankful to our customers for their continued support and partnership with All South Flooring (ASF). 2019 brought great challenges with the imposed tariffs and toxic political climate but the strength of the US economy drove consumer confidence to tremendous levels. As a result, ASF experienced over 40% growth in sales!
We made changes to help us increase our service levels and product offerings. We added new sales staff to expand our coverage to more areas and we increased our warehouse space to accommodate additional inventories. In addition, ASF was named the exclusive distributor for 2 large, well-known companies. In August, we agreed to represent Ultimate RB Rubber Flooring / Carlisle Companies, a $4+ billion, vertically integrated building materials company. In October, ASF was named as the exclusive distributor in the southeastern US for LG Hausys, a division of LG Corporation, which generates over $151 billion in annual revenue. Better known for their electronics and appliances divisions, LG Hausys has been manufacturing flooring products since 1958, and we are pleased to represent their high-quality, high-value product offering.
We are looking forward to 2020, as we focus on our Mission Statement/Corporate Philosophy: All South Flooring is dedicated to provide the best, solutions oriented flooring products to our customers, a passionate and enjoyable working environment to our staff, a profit proposition that fosters growth and sustainability, a responsible partnership to our suppliers, and a recognition of the impact to our environment from the products we sell and represent.
2019 was a great year for All South Flooring (ASF) and again, we say thank you to our dedicated staff, valuable customers, and incredible suppliers.