“The sale of these assets will allow us to substantially reduce our debt and fund growth of our tufted residential business through our Dixie Home brands and products, and our high-end residential and commercial business through our Masland and Fabrica brands,” said Daniel K. Frierson, Dixie Group chairman and CEO.

The assets being sold include the group’s yarn, tufting, dyeing, finishing, needlebond, distribution, and logistics facilities in Calhoun, Ga.; its needlebond facility in Dalton, Ga.; and its carpet recycling facility in Lafayette, Ga. Approximately 1,100 associates are employed in the facilities being sold, Frierson said.