2014

Propex Announces Georgia Expansion Plan Isis® to be manufactured in the U.S.

CHATTANOOGA, Tenn., June 3, 2013 /PRNewswire/ -- Propex Operating Company, LLC will expand its carpet backings manufacturing facility in Hazlehurst, GA, adding jobs and investing in the future of manufacturing in Georgia.  The expansion specifically involves investment of capital to increase capacity to produce Isis®, a new innovative platform of backings used in the manufacturing of commercial carpet tile.   

Propex introduced Isis, the first recycled polyester woven backing for carpet tile, in 2011 after years of development.  The product was developed and is manufactured by Propex in their facility in Gronau, Germany.  The increasing global demand for Isis requires further investment in capacity to better serve customers.  "Our decision to manufacture Isis in Georgia shows our commitment to provide innovative products to support the continued growth of the US carpet industry," said Dave Gartshore, Vice President of Propex Furnishings Solutions and Curv® Composites Divisions.  

When asked about strategic fit, he commented, "Our strategy is to maintain our leadership position continuing to innovate and enhance Isis for commercial tile as well as developing other innovative products for the markets we serve." Mike Gorey, President and CEO of Propex added, "Propex is committed to innovation through collaboration with partnered customers to drive sustainable value creation. This expansion supports our vision as a leader in innovative flooring products."

About Propex Operating Co., LLC

Furnishing Solutions by Propex develops backing materials that support new products and revolutionize industries. Our highly innovative portfolio of engineered products creates a stable foundation for products the world uses, every day.  For more than 100 years, the company has brought innovation and leadership to the markets they serve. Propex develops solutions that displace outdated technologies and catalyze new and established industries to better practices in flooring, recreation, construction, engineering, erosion control, water management and transportation. For more information on Propex, visit www.propexglobal.com.

SOURCE Propex Operating Company, LLC



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