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Turning Fishing Nets Into Carpets

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  • Description

    Interface CEO Dan Hendrix on how the company makes carpets from recycled materials.

  • Duration 4:47
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Actually a lot of oil and energy used to make carpets.

Take a look at this carpet yummy piece of it via a -- hold this up because it kind of matches are are set and we're looking at pictures of it right now absolutely beautiful but.

Here it is but -- -- -- this is made from recycled material -- sometimes pretty soft but the recycled material is everything from all yards of fishing wire.

Interface you may know this company if you get the catalogs for floor FL -- these are the tiles of carpet.

It's one of the most eco friendly brands in the world in the stock.

Is actually quite investor friendly joining me now on a Fox Business exclusive Dan Hendricks interface CEO and president.

-- you guys had a very his.

Very bizarre stock ticker at IDF SI a which -- not to remember anymore because today you're switching it to a very simple one -- because your carpets come in tiles correctness -- -- what does this do anything for -- when you change the -- to something a little more memorable -- -- -- -- -- yeah that it can't.

I found -- -- Genesis of that is that that we invented -- and -- 73.

We're the largest player in the world.

And -- what want to claim top category.

So we're gonna market ourself as columnist well it's doing well right now because on the new ticker symbol it is moving higher by just under percent at least at last check here.

But you're classic case of making money.

From turning.

What some people might consider to be trash to treasure and that -- he's carpet tiles out of sustainable sort of reusable materials which are I find very interesting about.

One of those tree -- -- California but.

I'd love to see us using trash turning it into something that's usable.

What is the newest effort that you're making right now to continue to really surprised people with the carpet what it's made out that's called networks now we partner with -- you -- -- Block of society of London.

And we've got this thing called networks -- we've gone to fishing villages fifteen album.

We pilot -- that we're trying to creative community fair trade agreement with -- Tom we're gonna harvest fishing -- efficient and we've we've got fifteen villages signed up these are old fishing that's going fishing nets that are -- -- that in.

-- reefs coral reefs and I'm hurting.

You know -- like like -- life for sure.

We should go back talk with -- supplier and recycle them.

That's just one initiative one of our biggest -- -- get off oil we have a 100% post consumer recycled products today in the marketplace that fishing nets one.

We're actually recycling old carpet today as well.

But program called look -- -- look at the carpet itself -- we have lots of pictures of this because it's it's that you caught my -- recently because I was get your catalog but.

My basements there flooded twice because of her kids that come through it hit New Jersey etc.

but -- -- I want value that's gonna hold up.

And if a certain portion of the -- hurt I don't have to cut it out this is perfect these are tiles that you can mix and match right.

And fit to the exact room and if something stains one piece you pull it out got another one he can't even see the difference.

We -- designer for.

Designed by top and we have three stores in New York from that you can go out by the -- we have eighteen stores around the United States.

And it it is really hit single a designer -- think about an eighteen inch square you can do anything -- that design.

Here's -- hip and cool -- -- -- your stock is up 27%.

Year over year mean people are investor.

Investors here who are watching at the moment that's just a three month picture.

To what do you attribute this move away.

You know it's not like you guys are Netflix or apple or -- -- to JPMorgan Arab Morgan Stanley right up there are the headlines -- it that.

The marketplace is looking for an -- -- By think that there's a -- when that they're anticipating.

And we we actually did present outside the United States we've got a lot of initiatives to cover any vertical carpet -- what's your biggest market.

Com -- -- market United States after that.

Australia Australia was a classic you know you you actually have big corporate customers we didn't believe an airline is putting them and -- -- -- that they have not Boeing but southwest is putting on their -- southwest of putting another Boeing jets is is in essence and that and as a cold enough because there was some question about it -- a little.

That that the where is it argue fixing that what's going on without -- going through redevelopment through in fixing the where on the points.

-- there -- -- but yes we're in development well well Dan asked to run because he's gonna bring at closing belly you have to get -- development and congratulations you congratulations.

You've heard of them that the product -- FL OR Florida company is interface.

The ticker symbol brand -- is tile.

Dan Hendricks is the interface CEO and president he's been with the company since 83 Florida State -- -- -- -- thank -- because some grace thank you very much thank you good to see.

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