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In 1956, Mohawk Carpet Mills merged with Alexander Smith, Inc. to become Mohasco Corporation, a company large enough to appear on the first Fortune 500 rankings. Mohasco faced competition from new tufted carpet operations in Georgia, which used synthetic fibers such as nylon and polyester rather than the traditional wool used in woven carpets.
It was later absorbed into Mohawk Carpet, later Mohasco Corporation. [6] The carpet weaving industry was revolutionized by looms invented in this plant by Alexander Smith and Halcyon Skinner. [7] Skinner, an engineer, designed a loom known as the Axminster power loom (also known as the Moquette Loom), which revolutionized the production of carpets.
Books-A-Million, Inc., also known as BAM!, is a bookstore chain in the United States, operating 260 stores in 32 states. [2] Stores range in size from 4,000 to 30,000 square feet and sell books, magazines, manga, collectibles, toys, technology, and gifts. [2] Most Books-A-Million stores feature "Joe Muggs" cafés, a coffee and espresso bar. [2]
In 2005, Mohawk purchased Unilin, a Belgium-based maker of laminate flooring and MDF board (a composite used in do-it-yourself furniture) for $2.6 billion (~$3.9 billion in 2023). [7] In 2023, Lorberbaum's total compensation from Mohawk was $4.4 million, or 103 times the median employee pay at Mohawk for that year. [8]
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Mohawk Commons is a lifestyle center in Niskayuna, New York. It opened in 2002 and replaced the older enclosed Mohawk Mall previously located on the property. [ 1 ]