Mohawk Industries, Inc. Announces Filing of Shelf Registration Statement
10 March 2009 - 8:29AM
PR Newswire (US)
CALHOUN, Ga., March 9 /PRNewswire-FirstCall/ -- Mohawk Industries,
Inc. (NYSE:MHK) today announced that it has filed a universal shelf
registration statement with the Securities and Exchange Commission
to replace its previous shelf registration statement, which expired
on January 9, 2009. The new statement is effective for three years
and provides flexibility for the issuance of equity, debt or other
types of securities through one or more methods of distribution.
The terms of any future offering would be established at the time
of offering subject to market conditions. Although the Company has
no immediate plans to issue any securities, it is the Company's
policy to maintain an effective shelf registration statement to
ensure financing flexibility should the need arise. This press
release is neither an offer to purchase nor a solicitation to buy
any securities of the company. Certain of the statements in the
immediately preceding paragraphs, particularly anticipating future
performance, business prospects, growth and operating strategies
and similar matters and those that include the words "could,"
"should," "believes," "anticipates," "expects," and "estimates," or
similar expressions constitute "forward-looking statements." For
those statements, Mohawk claims the protection of the safe harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. There can be no assurance that the
forward-looking statements will be accurate because they are based
on many assumptions, which involve risks and uncertainties. The
following important factors could cause future results to differ:
changes in economic or industry conditions; competition; raw
material and energy costs and supply; timing and level of capital
expenditures; integration of acquisitions; impairment charges;
rationalization of operations; litigation and other risks
identified in Mohawk's SEC reports and public announcements. Mohawk
is a leading supplier of flooring for both residential and
commercial applications. Mohawk offers a complete selection of
carpet, ceramic tile, laminate, wood, stone, vinyl, and rugs. These
products are marketed under the premier brands in the industry,
which include Mohawk, Karastan, Ralph Lauren, Lees, Bigelow,
Dal-Tile, American Olean, Unilin and Quick Step. Mohawk's unique
merchandising and marketing assist our customers in creating the
consumers' dream. Mohawk provides a premium level of service with
its own trucking fleet and over 250 local distribution locations.
DATASOURCE: Mohawk Industries, Inc. CONTACT: Frank H. Boykin of
Mohawk Industries, Inc., +1-706-624-2695
Copyright
Mohawk Industries (NYSE:MHK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mohawk Industries (NYSE:MHK)
Historical Stock Chart
From Jul 2023 to Jul 2024