Mannington and J&J Launch Joint Venture

Calhoun, GA, January 11, 2007--Mannington Mills and J&J Industries have formed a joint venture for the purpose of manufacturing and applying modular carpet backing. The new venture, named Modular Carpet Systems, LLC, is located in Calhoun, Georgia, near the Mannington Commercial manufacturing and warehousing facilities. The announcement was made jointly by Tom Davis, president and CEO of Mannington Mills, Inc. and Jim Jolly, chairman of J&J Industries. “Our two companies have been working closely together over the past two years as we have supplied modular backings to J&J under contract. We have good synergy--our companies are both privately held and we share many of the same values,” stated Davis. Jolly noted, “This new venture is an outgrowth of our ongoing relationship, and will allow both companies to more rapidly build critical mass as we make significant investments in new equipment and technology. An added plus is that the markets we both serve are mostly complementary, having very little overlap and competition.”