BNET Industries
Market Cap:$33.6M
Last Fiscal Year Sales:$282.7M
- Public
- US
Dow Jones Description
Today, The Dixie Group is one of America's fastest growing floorcovering companies. We are focused on our core competencies, committed to our brands and the upper-end of the soft floorcovering market. Through a variety of channels, our products are marketed to domestic and international customers in the construction, replacement and retail markets. Homes, restaurants, hospitals, hotels, commercial buildings, luxury motor coaches and yachts all have Dixie products providing beauty and comfort to their environments. Our commitment to our shareholders is to provide long-term value. We will achieve this objective by not being satisfied with anything less than financial performance consistently within the top quartile of our industry. Our obsession with making our customers successful by providing them extraordinary products and remarkable service will be key to our success. All of us at Dixie are proud of our company and excited about the future. Whether you are presently - or potentially - a shareholder, an associate, or a customer: we thank you for visiting our web sites and appreciate the opportunity to share information about The Dixie Group and its companies.
Chief Executive OfficerDaniel K. Frierson
Number of Employees 1,500
Peer Companies
NAICS Code Carpet and Rug Mills: 314110
Recent Events
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Carpet maker Dixie posts loss in quarter
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Chattanooga: Dixie’s not whistling over year’s red ink
News & Analysis
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dixie group inc. - All News and Analysis
Dixie Group Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Sam Darkatsh with Raymond James. Sam Darkatsh – Raymond James Looking at your production now Dan, your facilities are you running just one shift at this point? What’s your level of utilization...
NEWS BRIEFS.(Dixie Group Inc. and Royal Appliance Manufacturing Co.,)(Brief Article)(Statistical Data Included)
The Dixie Group Sees Net Fall The Dixie Group Sees Net Fall
The Dixie Group Completes Acquisition of Multitex/Globaltex
CHATTANOOGA, Tenn.--BUSINESS WIRE--Jan. 11, 1999--The Dixie Group, Inc. (Nasdaq/NM:DXYN) today announced that it has completed the previously announced acquisition of the assets of Multitex Corporation of America, Inc., a Dalton, Georgia, carpet and carpet yarn producer with annual revenues of approximately $85 million. Multitex sells carpet under the Globaltex name...
The Dixie Group, Inc. Declares Regular Quarterly Cash Dividend
CHATTANOOGA, Tenn.--BUSINESS WIRE--Aug. 31, 1998--The Dixie Group, Inc. today announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share, payable on September 25, 1998, to stockholders of record on September 14, 1998. The Dixie Group (Nasdaq/NM:DXYN) manufactures value-added floorcovering...
The Dixie Group, Inc. Announces Regular Quarterly Cash Dividend; William N. Fry, IV Elected as New Director
CHATTANOOGA, Tenn.--BUSINESS WIRE--May 4, 1998--The Dixie Group, Inc. today announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share, payable on May 29, 1998, to stockholders of record on May 15, 1998. The Company also announced the election,...
Additional Resources
The Dixie Group Reports First Quarter 2009 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the first quarter ended March 28, 2009. For the first quarter of 2009, the Company...
The Dixie Group to Broadcast Its First Quarter 2009 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its first quarter 2009 conference call on Thursday, April...
The Dixie Group Reports Year-End 2008 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the fourth quarter and fiscal year ended December 27, 2008. In the fourth quarter 2008, the Company recorded $29,916,000 of costs for goodwill and asset impairments and for consolidation and severance expenses, of which $27,599,000 were non-cash...
The Dixie Group to Broadcast Its Year-End 2008 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its year-end 2008 conference call on Wednesday, February 25, 2009. The Company will release its results for the fourth quarter and fiscal year ended December 27, 2008, before the market opens...
The Dixie Group Reports Third Quarter 2008 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the third quarter and nine months ended September 27, 2008. For the third quarter, the Company reported a loss from continuing operations of $732,000, or $0.06 per diluted share, compared with income from continuing operations of $2,239,000,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Daniel K. Frierson | Chief Executive Officer |
| K Daniel Jr | President, Masland Residential |
| Gary Harmon | Vice President & Cfo |
| Christopher N. Riley | Vice President Product Quality & Development. |
| Craig S. Lapeere | Vice President & President of Fabrica |
| D. Kennedy Frierson | President, Masland Residential & Vice President |
| D. Wayne Pattillo | Vice President, Manufacturing |
| David Polley | Vice President, Marketing |
| Derek Davis | Vice President, HR |
| Dixie Home | Vice President and President |
| Jon Faulkner | Vice President Planning & Development |
| Kenneth L. Dempsey | Vice President & President, Masland Commercial |
| Paul A Comiskey | Vice President, President Dixie Home |
| Paul B. Comiskey | Vice President & President, Dixie Home |
| Paul K. Frierson | Vice President of the Company and President |
| Terry W. Clark | Vice President, Manufacturing |
| W. Derek Davis | Vice President, Human Resources |
| D. Eugene Lasater | Controller |
| Eugene D. Lasater | Controller |
| Starr T. Klein | Secretary |
| Lowry F. Kline | Director |
| Robert J. Sudderth | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John W. Murrey | Chairman |
| J. Don Brock | Board of Directors |
| Walter W. Hubbard | Board of Directors |
Daniel K. Frierson, age 62, became a director of LP in February 2003. Mr. Frierson has been Chairman and Chief Executive Officer of The Dixie Group, Inc., a manufacturer and distributor of high-end carpet and rugs headquartered in Chattanooga, Tennessee, for more than 15 years. He is also a director of Astec Industries, Inc.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Chief Executive Officer | Current |
| The Dixie Group, Inc. | Chairman | Current |
| Louisiana-Pacific Corporation | Board of Directors | Current |
| Astec Industries, Inc. | Director | Current |
| The Pacific Corporation | Board of Directors | Current |
| Miller Center | Board of Directors | Current |
| Alabama Forest Owners' Association, Inc. | Board of Directors | Current |
| Alabama Forest Owners' Association, Inc. | Committee Member | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | President, Masland Residential | Current |
| The Dixie Group, Inc. | Vice President & President Masland Residential | Current |
Vice President and Chief Financial Officer since January 2000. Treasurer 1993 to 2000. Director of Tax and Financial Planning, 1985 to 1993.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President & Cfo | Current |
| The Dixie Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President Product Quality & Development. | Current |
Vice President and President Fabrica International since December 2005. Vice President and President, Masland Residential, February 2005 to December 2005. Vice President of Sales, Masland Carpets, 1998 to 2005.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President & President of Fabrica | Current |
Director since 1973, Chairman of the Board since 1987 and Chief Executive Officer since 1980. He serves on the Company's Executive Committee and is Chairman of the Company's Retirement Plans Committee. He also serves as Director of Astec Industries, Inc. headquartered in Chattanooga, Tennessee; and Louisiana-Pacific Corporation headquartered in Nashville, TN.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | President, Masland Residential & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, Manufacturing | Current |
Vice President of Marketing since December 2006. Vice President of Marketing and President, Dixie Home from November of 2002 to 2006. President, Residential Division of Mohawk Industries, Inc. from 1998 to 2002. President of World Carpets from 1991 to 1998. Prior to 1991, President of Lee's Residential Carpet Business.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, Marketing | Current |
Vice President of Human Resources since January 1991. Corporate Employee Relations Director, 1990 to 1991.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President and President | Current |
Vice President of Planning and Development since February 2002. Executive Vice President of Sales and Marketing for Steward, Inc. from 1997 to 2002.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President Planning & Development | Current |
| Organization | Position | Status |
|---|---|---|
| Masland Carpets | President | Current |
| The Dixie Group, Inc. | Vice President & President, Masland Commercial | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, President Dixie Home | Current |
Vice President and President, Dixie Home since February 2007. President, Dixie Home since December 2006. Senior Vice President of Residential Sales, Mohawk Industries, Inc. from 1998 to 2006. Executive Vice President of Sales and Marketing for World Carpets from 1996 to 1998.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President & President, Dixie Home | Current |
Vice President and President Masland Residential since February 2006. President Masland Residential since December 2005. Executive Vice President and General Manager, Dixie Home, 2003 to 2005. Business Unit Manager, Bretlin, 2002 to 2003.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President of the Company and President | Current |
| The Dixie Group, Inc. | Board of Directors | Current |
Vice President of Manufacturing since June 2007. Group Plant Manager at Shaw Industries, Inc. from 2003 to 2007. Vice President of Manufacturing, The Dixie Group, Inc. from 1972 to 2003.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, Manufacturing | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Vice President, Human Resources | Current |
Controller since 1988.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Controller | Current |
| The Dixie Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Controller | Current |
Secretary since November 1992. Assistant Secretary, 1987 to 1992.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Secretary | Current |
| The Dixie Group, Inc. | Secretary | Current |
John W. Murrey, III , age 63, served as a Senior Member of the law firm of Witt, Gaither & Whitaker, P.C. in Chattanooga, Tennessee until June 30, 2001. He has been a director of the Company since 1997. Mr. Murrey has served as a director of Coca-Cola Bottling Co. Consolidated, a Coca-Cola bottler headquartered in Charlotte, North Carolina since 1993 and has served on its Audit Committee. He also serves as a director of U.S. Xpress Enterprises, Inc., a truckload carrier headquartered in Chattanooga, Tennessee, since 2003 and is Chairman of its Audit Committee. Mr. Murrey is a member of the Company s Executive Committee, Chairman of the Company s Audit Committee and a member of the Company s Compensation Committee.
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Chairman | Current |
| Compensation Committees | Board of Directors | Current |
| U.S. Xpress Enterprises, Inc. | Board of Directors | Current |
| The Dixie Group, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Board of Directors | Current |
| The Dixie Group, Inc. | Chairman of the Board, Chief Executive Officer and President of Astec Industries, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Director | Current |
| Jackson Furniture Industries | Director | Current |
| Coca-Cola Enterprises Inc. | Chief Executive Officer | Former |
| Jackson Furniture Industries | member | Former |
| Coca-Cola Enterprises Inc. | Chairman | Former |
| Coca-Cola Enterprises Inc. | Vice Chairman | Former |
Robert J. Sudderth, Jr. served as Chairman and Chief Executive Officer of SunTrust Bank, Chattanooga, N.A. from 1989 until his retirement in 2003. Mr. Sudderth also is a Director of SunTrust Service Corporation and The Dixie Group, Inc., a floorcovering company. Mr. Sudderth has been a Director of the Company since 1998.
| Organization | Position | Status |
|---|---|---|
| U.S. Xpress Enterprises, Inc. | Board of Directors | Current |
| The Dixie Group, Inc. | Director | Current |
| SunTrust Bank | Chairman and Chief Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| The Dixie Group, Inc. | Board of Directors | Current |
| Honeywell Nylon LLC | CEO | Former |
| The Dixie Group, Inc. | President and CEO of Honeywell Nylon, Inc. | Former |
| Honeywell Nylon LLC | President | Former |
| BASF Corporation | Group Vice President, Fiber Products | Former |
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