Tag: Dixie Group

Posted on by

Mohawk's Joe Foye receives Smrekar Award at CRI annual meeting

From left: CRI president Werner Braun, Mohawk's Joe Foye, David Moody of Milliken

The Carpet and Rug Institute (CRI) held its Annual Membership Meeting on Wednesday, November 14, 2012 at the Northwest Georgia Trade and Convention Center in Dalton. Outgoing CRI board chairman John Wells offered remarks on the current state of CRI, including the carpet manufacturing trade association’s 2012 restructuring process as well as the organization’s move into an historic building in downtown Dalton and away from the headquarters building it had occupied since 1971.  Continue reading Mohawk's Joe Foye receives Smrekar Award at CRI annual meeting

Posted on by

Dixie Group conducts due diligence regarding possible acquisition

Chattanooga, Tenn.—The Dixie Group recently announced the company is engaged in due diligence designed to determine whether and to what extent a continuous dyeing facility located in Calhoun, Georgia, owned by Milliken & Company, could serve Dixie’s needs for continuous dyeing. The process of due diligence is nearing completion, and the Company expects to make a decision regarding a potential acquisition of the facility in the near future. Continue reading Dixie Group conducts due diligence regarding possible acquisition

Posted on by

Executive Forecast: Top figures weigh in by category

Resilient producers appeal to value, style to gain share

What was ultimately a false start to an upswing in the industry during the first and second quarters, 2010 has coaxed top executives in the resilient category to project a more conservative outcome for the coming year. However, it is one area that is expected to continue growing. The proliferation of LVT (FCNews, Nov. 22/29) and the advancement of fiberglass (see related story) has created a new value standard for the consumer when she shops floor covering. As one of the few segments capturing share in the residential floor covering market, modesty rules the 2011 diagnosis with an injection of optimism. Continue reading Executive Forecast: Top figures weigh in by category