Thomas Industries' Monticello Unit Has New Owner

Dalton, GA, Nov. 17, 2008—Thomas Industries has sold its Monticello Floors as part of the Chapter 11 bankruptcy process and is now operating under the name Monticello International.

Today is the first day of operation in Dalton under the new ownership.  

Thomas conducts its business under the Templeton Hospitality Carpets, Monticello Floors, Mattel Carpet & Rug, and Superior Yarn brand names.

The principal of Monticello International is Alberto E. Penny. In a written statement, Penny said his vision is combining the sales of his current North American laminate distribution business with the new Monticello International carpet products.