NASDAQ, DXYN - The Dixie Group
Our business consists principally of marketing, manufacturing and selling carpet
and rugs to high-end residential and commercial customers through the Fabrica
International, Masland Carpets and the Dixie Home brands. A small portion of
our manufacturing capacity is used to process yarns and provide carpet dyeing
and finishing services to other carpet manufacturers.
Over the seven year period beginning in 1993, we made eight floorcovering
business acquisitions and completed the disposal of the assets of our textile
product's business. In 2001 through 2003, we disposed of our lower price point
factory-built housing carpet, needlebond and carpet recycling businesses. The
sale of these businesses and assets allowed us to substantially reduce our debt,
diversify our customer base and focus on the upper-end of the soft floorcovering
market where we believe we have strong brands and competitive advantages with
our style and design capabilities and customer relationships. ...
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