Graves Unveils Plan to Reduce Foreclosures

Dalton, GA, Nov. 21, 2011 -- U.S. Congressman Tom Graves was the keynote speaker at the Carpet and Rug Institute's annual membership meeting held Nov. 9 at the Northwest Georgia Trade and Convention Center in Dalton.

Graves spoke about the connection between the U.S. housing market and Georgia's carpet industry, and said he is currently sponsoring legislation with U.S Sen. Johnny Isakson, R-Ga, designed to reduce foreclosures by allowing people to withdraw funds from their 401(k) and individual retirement accounts to pay down the principal on their home mortgages without incurring penalties.

In CRI business, Interface CEO John Wells was retained for his second year as chairman of the CRI board of directors.

CRI President Werner Braun updated members on the new CRI structure which eliminates the technical, marketing and government issues committees in favor of three content area panels overseen by a Strategic Issues Management Team, or SILC.

Board members for 2012 include Vance Bell, Shaw Industries, Jeff Lorberbaum, Mohawk Industries, Ralph Boe, Beaulieu Group, John Wells, Interface Americas, David Moody, Milliken and Dan Frierson, The Dixie Group. David Duncan, Invista Performance Surfaces & Materials, Franco Rossi, Aquafil Solutions and Dan Rogers, Omnova Solutions will serve as Associate Manufacturer members. The five remaining seats will be held by Glen Hussmann, Tandus Flooring, David Jolly, J&J Industries, Jack Ganley, Mannington Carpet, Chip Howalt, Textile Rubber & Chemical and Bob Shaw, Engineered Floors. Del Land, Beaulieu Group will serve as CRI treasurer.

Shaw Industries' Chief Counsel Rick Hooper received the Joseph Smrekar Award. The award was established by Milliken & Company to honor the late Smrekar, who served on numerous CRI committees.

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