Mohawk Industries Inc. Agrees to Acquire Carpet Backing Plant
March 01 2006 - 4:40PM
PR Newswire (US)
CALHOUN, Ga., March 1 /PRNewswire-FirstCall/ -- Mohawk Industries,
Inc. (NYSE:MHK) agreed to purchase one plant located in Roanoke,
Alabama that produces secondary carpet backing from Propex Fabrics
Inc. The new plant employs approximately 470 individuals. Jeff
Lorberbaum, Mohawk's Chairman & CEO, said, "Propex has been a
major supplier of secondary carpet backing to Mohawk. They have
earned a reputation as a solid manufacturing organization for
quality, service and value. We look forward to welcoming their
employees into the Mohawk family and becoming a part of these
communities." Mohawk is a leading supplier of flooring for both
residential and commercial applications. Mohawk offers a complete
selection of carpet, ceramic tile, laminate, wood, stone, vinyl,
rugs and other home products. These products are marketed under the
premier brands in the industry, which include Mohawk, Karastan,
Ralph Lauren, Lees, Bigelow, Dal-Tile, American Olean, Unilin and
Quick Step. Mohawk's unique merchandising and marketing assist our
customers in creating the consumers' dream. Mohawk provides a
premium level of service with its own trucking fleet and over 250
local distribution locations. DATASOURCE: Mohawk Industries, Inc.
CONTACT: Frank H. Boykin, Chief Financial Officer of Mohawk
Industries, Inc., +1-706-624-2695 Web site:
http://www.mohawkind.com/
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