Shaw to acquire Dixie yarn production
Home & Textiles Today Staff -- Home Textiles Today, 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.
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