DALTON, GA., November 28 /CNW/ - Tandus Group, Inc. ("Tandus") reported
today that its wholly owned subsidiary Collins and Aikman Floorcoverings, Inc.
is not affiliated with the Collins & Aikman Corporation which has been
identified in recent news articles.
Collins & Aikman Floorcoverings, Inc. was an operating unit of Collins &
Aikman Corporation until 1997 when it was then split off in a sale transaction
led by its executive management team and a private equity sponsor. Since that
time there have been no legal association or business relationship between the
companies and they have operated independently.
Collins & Aikman Floorcoverings, Inc. markets commercial carpets under
the "C&A Floorcoverings" and "C&A" brand names.
"The confusion caused by such similar company names and some common
history is understandable; however, we want assure the marketplace that C&A
Floorcoverings is healthy and stronger than ever," said Len Ferro, Chief
Financial Officer of Tandus. "With the synergies realized by being part of the
Tandus Group, C&A is poised for even greater growth."
This announcement was made solely by Tandus Group, Inc. and was not
sanctioned by anyone associated with Collins & Aikman Corporation.
Tandus creates floorcovering solutions that enhance spaces for learning,
working, healing, and living through inspired design, leading-edge technology,
unprecedented achievement toward sustainability, and an absolute commitment to
continued leadership. Uniting the industries' leading specialized commercial
flooring brands- Monterey, C&A and Crossley, Tandus draws upon each brand's
individual strengths, offering its customers single-source innovative product
design and technology, comprehensive services, and environmental leadership.
Based in Dalton, GA Tandus is a leading commercial floorcoverings company.
More information can be found online at www.tandus.com.
For further information:
For further information: Tandus Group, Inc., Dalton Leonard F. Ferro,
Chief Financial Officer, 706-259-2689