Shaw to acquire Dixie yarn production
December 8, 2003,
Chattanooga, TN — The Dixie Group said it has agreed to sell its Ringgold, GA, spun carpet yarn production facility to Shaw Industries Group for a cash purchase price of $6.7 million.
The sale is expected to be completed in six weeks. The facility employs 300 associates.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily