Dixie Group says conducting due diligence on potential acquisition of facility The Dixie Group announced that 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.
Dixie Group says carpet sales for first 6 weeks of 2015 up 20% Dixie Group said: “Carpet sales for the first 6 weeks of 2015 are up 20% over the same time period in 2014. Excluding Atlas in the year-over-year comparison, carpet sales are up 6.9%. We believe the consumer preference for innovative fashion and better quality products continue to provide us with the opportunity to grow our business and outperform the industry. We see positive signs with the housing market slowly improving, the unemployment rate back down to the levels of 2008 and job creation the strongest in 7 years. These factors should lead to continued opportunities in the residential market."