Mohawk Industries

Leading producer of carpets and flooring.

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Headquarters: 160 South Industrial Blvd.
Calhoun, GA. 30701
Employees: 34,300
CEO: Jeffrey Lorberbaum
Stock Symbol: MHK

Website: http://www.mohawkind.com

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Mohawk is the leading producer and distributor of flooring worldwide including carpets, rugs, hardwood, laminate, stone surfaces, ceramic tile and vinyl flooring. The company is the leader in area rugs and has 30% share in the broadloom carpet business.

The company's brands include Mohawk, Karastan, Ralph Lauren, Lees, Bigelow, Dal-Tile and American Olean. Mohawk utilizes its own trucking fleet and over 250 local distribution locations.

Mohawk is experiencing strong demand for its products due to new home construction and commercial business.

In 2004, Mohawk reported record revenues of $5.8 billion and net earnings of $368.6 million.

History

Mohawk Carpet Mills had its beginning in 1878 when four brothers from the Shuttleworth family brought 14 second hand looms from England to Amsterdam, NY. By 1908, the fledging firm introduced a new carpet, Karnak, and its success was instant and phenomenal. Flooded with orders, the Company's weavers worked four to five years without changing either the color or the pattern on their looms.

In 1956, Mohawk and Alexander Smith, Inc. merged to form Mohasco Industries, at that time the largest carpet manufacturer in the world.

In January 1989, a group of company executives returned Mohawk Carpet to its roots by negotiating a buyout of the carpet manufacturing component from Mohasco Corporation. The company would grow through several acquisitions into the leading carpet and floor maker it is today.

Benefits

· Health Insurance
· Prescription Drug Plan
· Dental Insurance
· Vision Plan
· 401k Retirement Savings Plan - The company will match your contribution at $ .50 per $1.00 for the first 4% of your wages contributed and $. 25 per $1.00 for the next 2% of your wage contributed.
· Short Term and Long Term Disability
· Whole Life Insurance
· Optional Term Life Insurance
· Critical Illness Plan
· Paid Holidays - The company recognizes seven holidays. Employees who have been with the company for 90 days will receive payment for these holidays.
· Paid Vacations - After one year, employees are eligible for paid vacation. With increased time on the job, additional paid vacation will be granted.
· Tuition Reimbursement Program
· Funeral/Bereavement Pay
· Jury Service Pay
· Health and Dependent Care Flexible Spending Accounts
· Employee discounts on Mohawk Products

Updated September 27, 2005

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