Home Depot, Mohawk Build Cash Reserves
Atlanta, GA, Sept. 17, 2012 -- Georgia’s largest public companies, including Mohawk Industries, are piling up cash, according to a story in the Atlanta Journal-Constitution.
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Since mid-2007, the 15 largest companies have increased their stockpiles of cash, short-term investments and other reserves to $41.7 billion from $24.2 billion, the newspaper said.
Home Depot had $2.8 billion in cash while Mohawk reported cash of $319 million.