Tandus Clarifies Collins and Aikman FC Ownership

Dalton, GA, June 5, 2007--Tandus Group reported today that its wholly owned subsidiary Collins and Aikman Floorcoverings, Inc. is not affiliated with the Collins & Aikman Corporation which has been identified in recent news articles surrounding its Chapter 11 filing and the resignation of its Chief Executive Officer.

 

Collins & Aikman Floorcoverings, Inc. was an operating unit of Collins & Aikman Corporation until 1997 when it was then split off in a sale transaction led by its executive management team and a private equity sponsor. Since that time there has been no legal association or business relationship between the companies and they have operated independently.

 

Collins & Aikman Floorcoverings, Inc. markets commercial carpets under the "C&A Floorcoverings" and "C&A" brand names.

 

"The confusion caused by such similar company names and some common history is understandable; however, we want to assure the marketplace that C&A Floorcoverings is healthy and stronger than ever," said Len Ferro, Chief Financial Officer of Tandus. "With the synergies realized by being part of the Tandus Group, C&A is poised for even greater growth."

 

This announcement was made solely by Tandus Group, Inc. and was not sanctioned by anyone associated with Collins & Aikman Corporation.

 


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