TENNESSEE MARBLE CO. ACQUIRES TENNESSEE VALLEY MARBLE ...
Monica Gawet, president of Tennessee Marble Co., said that the acquisition makes the company the largest marble cutting and fabricating operation in the U.S. “This enables us to offer a greater variety of Tennessee marble with a better ability to match existing products,” Gawet said, adding that the acquisition involves the purchase of quarry rights and minerals and several leases.
Gawet said that her company’s strategic move was taken primarily to bring stability to the supply for Tennessee Pink marble, which is found only in East Tennessee. She said the material also has historical significance for the East Tennessee region, having been quarried since the 1890s, with a comeback in popularity over the past decade.