Morgan Keegan Maintains Mohawk’s Outperform

New York, June 26, 2007-- Analysts at Morgan Keegan maintain their "outperform" rating on Mohawk Industries Inc .

In a research note published this morning, the analysts mention that Mohawk Industries has announced an asset purchase agreement with Columbia Forest Products, which would integrate the former company’s largest supplier.

The acquired plants presently generate nearly $180 million in sales and are expected to have an insignificant impact on Mohawk Industries’ top- and bottom-line going forward, the analysts add. The deal is expected to close during 3Q07, Morgan Keegan says.