The Dixie Group has announced its agreement to acquire Atlas Carpet Mills, located in Los Angeles.
As outlined in its agreement, closing of the acquisition is scheduled for Wednesday, March 19. In commenting on the agreement, Daniel Frierson, Dixie’s chairman and CEO stated, “Dixie and Atlas have had a long relationship that goes back over 40 years. Jim Horwich, founder of Atlas, will remain with us as president of Atlas reporting to Kennedy Frierson, Dixie’s COO. Mark Nestler, executive vice president and Scott Price, vice president of manufacturing will continue in their respective leadership roles at Atlas.