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The partners soon brought on Sandy Mishkin, [5] and in 1985 they founded Carpet One with 13 carpet companies as their initial membership. [6] Members paid $12,000 to join the cooperative, with no additional monthly franchise fee. After one year, the cooperative posted retail sales of $25 million for its then 26 members.
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Shaw Industries Group, Inc. is one of the world's largest carpet manufacturers with more than $6 billion in annual revenue and approximately 22,000 employees worldwide. [ 1 ] [ 2 ] It is headquartered in Dalton , Georgia , [ 3 ] [ 4 ] [ 5 ] and is a wholly owned subsidiary of Berkshire Hathaway .
One derivation of the term states that the French term came from the Old Italian carpita, from the verb carpire meaning 'to pluck'. [3] [4] The Online Etymology Dictionary states that the term carpet was first used in English in the late 13th century, with the meaning 'coarse cloth', and by the mid-14th century, "tablecloth, [or] bedspread". [5]
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