Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
January/February 2015 January/February 2015

View Issue  |

Subscribe Now  |

Events

OUTLOOK™ Plus Latin America 2015
03/03/2015 - 03/05/2015
01/07/2014 - 01/07/2014

Cairo Fashion - 55th International Fashion, Apparel & Textile Exhibition
03/05/2015 - 03/08/2015

Intermediate Nonwovens Training
03/09/2015 - 03/12/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Dixie Group Plans Purchase Of Multitex-Globaltex

The Dixie Group Inc., Chattanooga, Tenn., announced it has signed a letter of intent to acquire the assets of Multitex Corp. of America, Dalton, Ga., which includes Globaltex Carpet Mills Ltd., Dalton. Multitex is a manufacturer of carpet and carpet yarns with annual revenues of $85 million.

The Dixie Group, which announced plans to exit the textile yarns and fabrics markets to focus exclusively on floorcovering, will finance the deal from current debt availability and funds expected from the sale of textile assets.

January 1999




Advertisement