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On Friday, March 20, 2009, the Federal Trade Commission approved a subclass to polyester called triexta. [4] The PTT fiber used in Mohawk's SmartStrand carpet, and branded Sorona by Dupont can be labeled triexta. Triexta has been reported to have several advantages over polyethylene terephthalate, including better stain resistance and softness. [5]
Sorona is DuPont de Nemours, Inc.'s brand of Triexta, a subclass of polytrimethylene terephthalate (PTT) [1] named and commercialized in 2000. [2] The fibers are soft and stain-resistant while exhibiting high strength and stiffness.
Carpet manufacturing at the Amsterdam site ended by 1968 and the last corporate offices left by 1987. [9] In 1988, Mohasco was purchased by MHS Holdings in a leveraged buyout, and the company's carpet business was spun off from Mohasco to form Mohawk Industries. [11] [12] Mohawk Industries factory in Commerce, Texas
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.
One 2024 review found that replacing saturated fats with unsaturated fats like seed oils improves health markers and doesn’t increase inflammation. Plus, there's no reason to fear inflammation ...
Gardner said a new vice chair will likely speed up merger reviews, especially for small and midsize banks. He also said a proposed new global regime to toughen bank capital requirements − known ...
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