The transaction includes a three-year supply agreement with the purchaser. The Dixie Group said the sale of the facility is projected to result in an after-tax gain in excess of $3 million.
Dixie Group sells extrusion facility
June 12, 2002
CHATTANOOGA, Tenn. -- The Dixie Group has sold its Calhoun, Ga. extrusion manufacturing facility to CAF Extrusion Inc., a subsidiary of Collins & Aikman Floorcoverings Inc., for $30.8 million.