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Decline of the flax industry in this region. Previously 125 companies in Sint-Baafs-Vijve were active in this industry, only 25 remained in 1960, including six rotary mills. As a result a diversification into the textile sector and the chipboard industry took place. Gaston Balcaen, father of the founder of Balta was a flax merchant at that time.
Prior to the establishment of Balta, the Balcaen family establish Bavotex to manufacture fabrics for making women's clothing.
Paul Balcaen leaves Bavotex and starts his own business with the name "Etablissementen Paul Balcaen" for the production of woven rugs in the family warehouse at Wakkensteenweg 5 in Sint-Baafs-Vijve (now a wool warehouse).
Establishment of the public limited company Balta nv.
The name came through the surname of the founder BALcaen and the dutch word for carpets, TApijt creating BALTA. Balta started producing woven area rugs in Sint-Baafs-Vijve, which is still the Balta Group HQ today.
Start up of the Semi-worsted spinning mill.
Start of hank dyeing production.
Start of tuft operations in Sint-Baafs-Vijve and establishment of I.T.C. (Imperial Tufting Company) in Tielt.
Start of piece dyeing.
Balta sponsors the local football team SV Waregem.
The company expanded its operation with the establishment of Ideco nv (Imperial Decoration Company) in Tielt for the production of wall coverings.
Start of the latexing line in Sint-Baafs-Vijve.
Start of polypropylene yarn extrusion.
Start of Berber spinning mill producing up to 650 tonnes of wool yarn per month.
New offices and showroom in Sint-Baafs-Vijve.
Start of the open-end spinning mill.
Start of Balta Contract division.
New weaving mill in Waregem: Balta Weaving, for face-to-face and Axminster.
Establishment of Balta Industries nv. Balta NV becomes a holding company for Balta Industries, ITC and Ideco.
Ideco relocates to Industriepark Zuid in Tielt.
Start of vinyl wall covering manufacture.
ITC expansion on former Ideco site.
New manufacturing site in Avelgem for polypropylene yarn production, face-to-face weaving and warehouse.
ITC launches dope-dyed polyamide.
Expansion of yarn processing.
Establishment of CCB (Coordination Centre Balta).
Launch of second dye and print line at ITC.
Ideco: expansion to 30,000 m2, second vinyl production line.
ITC: second warehouse for 25,000 rolls of wall-to-wall carpet.
Balta Far East: sales office in Hong Kong.
Balta Sint-Baafs-Vijve: second latexing line for wall-to-wall carpet; additional tufting, spinning and warehouse capacity.
Balta Weaving: expansion of weaving capacity.
Avelgem: expansion of extrusion and rug finishing department; more capacity for cabling and heatsetting.
Start of new company IVC (International Vinyl Company) in Avelgem.
Manufacture of vinyl flooring.
Acquisition of Grantil SA in Châlons-en-Champagne, France;
manufacture of wall coverings.
Establishment of Balta Orient in Usak, Turkey. Semi-worsted wool spinning mill.
Establishment of Trinterio, a holding company for Balterio and Spanolux, as a 50:50 joint venture with Triax; now Spanogroup.
Manufacture of laminate flooring and MDF/HDF.
Establishment of Balta US, a North American distribution centre in Dalton, USA.
Expansion of Balta Orient in Turkey.
Incorporation of ITC and Ideco into Balta Industries to form a single legal entity under the name Balta Industries NV.
70% of the Balta Group shares sold to Doughty Hanson.
IVC is no longer part of the Group.
Expansion of polypropylene extrusion capacity in Sint-Baafs-Vijve.
New manufacturing site: Balta Floorcovering in Usak (Turkey).
Manufacture of acrylic rugs.
The Balta Group focusses on the core business floor coverings by selling its two wall covering companies Ideco and Grantil to GIMV.
Largest solar panel installation on a single roof in the Benelux countries at Balta Sint-Baafs-Vijve: 115,000 m2.
Balta Group buys the floor coverings business of the Domo Group.
Balta Group: Turnover exceeds EUR 700 million with more than 4,000 employees.
Second phase of solar panel project at ITC Tielt and Balta Waregem.
Balta now has a total of 250,000 m2 of roof surface covered by 49,000 solar panels.
Further expansion of Balta Floorcoverings in Usak.
Balterio and Spanolux (100%) sold to IVC Group.
Exelto sold to International Fibres Group.
50 Years of Balta. Event on 21 June at the Hippodrome in Waregem.
Balta Group sold to Lone Star.
Tom Debusschere, CEO balta group
A new corporate identity for Balta.
Acquisition of Bentley Mills (Los Angeles, USA).
First listing of BALTA GROUP NV on Euronext Brussels.
Balta home USA (Rugs Division) opens new 330.000ft2 distribution center in Rome, Georgia to support our future growth ambitions and provide the infrastructure to support our customers more effectively in their growing e-commerce sales channels.
The launch of the '1 Balta for Safety' campaign.
Cyrille Ragoucy appointed as permanent CEO Balta Group.
Decline of the flax industry in this region. Previously 125 companies in Sint-Baafs-Vijve were active in this industry, only 25 remained in 1960, including six rotary mills. As a result a diversification into the textile sector and the chipboard industry took place. Gaston Balcaen, father of the founder of Balta was a flax merchant at that time.
Prior to the establishment of Balta, the Balcaen family establish Bavotex to manufacture fabrics for making women's clothing.
Paul Balcaen leaves Bavotex and starts his own business with the name "Etablissementen Paul Balcaen" for the production of woven rugs in the family warehouse at Wakkensteenweg 5 in Sint-Baafs-Vijve (now a wool warehouse).
Establishment of the public limited company Balta nv.
The name came through the surname of the founder BALcaen and the dutch word for carpets, TApijt creating BALTA. Balta started producing woven area rugs in Sint-Baafs-Vijve, which is still the Balta Group HQ today.
Start up of the Semi-worsted spinning mill.
Start of hank dyeing production.
Start of tuft operations in Sint-Baafs-Vijve and establishment of I.T.C. (Imperial Tufting Company) in Tielt.
Start of piece dyeing.
Balta sponsors the local football team SV Waregem.
The company expanded its operation with the establishment of Ideco nv (Imperial Decoration Company) in Tielt for the production of wall coverings.
Start of the latexing line in Sint-Baafs-Vijve.
Start of polypropylene yarn extrusion.
Start of Berber spinning mill producing up to 650 tonnes of wool yarn per month.
New offices and showroom in Sint-Baafs-Vijve.
Start of the open-end spinning mill.
Start of Balta Contract division.
New weaving mill in Waregem: Balta Weaving, for face-to-face and Axminster.
Establishment of Balta Industries nv. Balta NV becomes a holding company for Balta Industries, ITC and Ideco.
Ideco relocates to Industriepark Zuid in Tielt.
Start of vinyl wall covering manufacture.
ITC expansion on former Ideco site.
New manufacturing site in Avelgem for polypropylene yarn production, face-to-face weaving and warehouse.
ITC launches dope-dyed polyamide.
Expansion of yarn processing.
Establishment of CCB (Coordination Centre Balta).
Launch of second dye and print line at ITC.
Ideco: expansion to 30,000 m2, second vinyl production line.
ITC: second warehouse for 25,000 rolls of wall-to-wall carpet.
Balta Far East: sales office in Hong Kong.
Balta Sint-Baafs-Vijve: second latexing line for wall-to-wall carpet; additional tufting, spinning and warehouse capacity.
Balta Weaving: expansion of weaving capacity.
Avelgem: expansion of extrusion and rug finishing department; more capacity for cabling and heatsetting.
Start of new company IVC (International Vinyl Company) in Avelgem.
Manufacture of vinyl flooring.
Acquisition of Grantil SA in Châlons-en-Champagne, France;
manufacture of wall coverings.
Establishment of Balta Orient in Usak, Turkey. Semi-worsted wool spinning mill.
Establishment of Trinterio, a holding company for Balterio and Spanolux, as a 50:50 joint venture with Triax; now Spanogroup.
Manufacture of laminate flooring and MDF/HDF.
Establishment of Balta US, a North American distribution centre in Dalton, USA.
Expansion of Balta Orient in Turkey.
Incorporation of ITC and Ideco into Balta Industries to form a single legal entity under the name Balta Industries NV.
70% of the Balta Group shares sold to Doughty Hanson.
IVC is no longer part of the Group.
Expansion of polypropylene extrusion capacity in Sint-Baafs-Vijve.
New manufacturing site: Balta Floorcovering in Usak (Turkey).
Manufacture of acrylic rugs.
The Balta Group focusses on the core business floor coverings by selling its two wall covering companies Ideco and Grantil to GIMV.
Largest solar panel installation on a single roof in the Benelux countries at Balta Sint-Baafs-Vijve: 115,000 m2.
Balta Group buys the floor coverings business of the Domo Group.
Balta Group: Turnover exceeds EUR 700 million with more than 4,000 employees.
Second phase of solar panel project at ITC Tielt and Balta Waregem.
Balta now has a total of 250,000 m2 of roof surface covered by 49,000 solar panels.
Further expansion of Balta Floorcoverings in Usak.
Balterio and Spanolux (100%) sold to IVC Group.
Exelto sold to International Fibres Group.
50 Years of Balta. Event on 21 June at the Hippodrome in Waregem.
Balta Group sold to Lone Star.
Tom Debusschere, CEO balta group
A new corporate identity for Balta.
Acquisition of Bentley Mills (Los Angeles, USA).
First listing of BALTA GROUP NV on Euronext Brussels.
Balta home USA (Rugs Division) opens new 330.000ft2 distribution center in Rome, Georgia to support our future growth ambitions and provide the infrastructure to support our customers more effectively in their growing e-commerce sales channels.
The launch of the '1 Balta for Safety' campaign.
Cyrille Ragoucy appointed as permanent CEO Balta Group.