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The business was founded in 1888 in Geelong, Victoria, Australia, by Godfrey Hirst, an English immigrant from Meltham, West Yorkshire, England. His Excelsior Mill, on the north bank of the Barwon River, manufactured various wool textiles until it was sold in the 1966, continuing in operation as Godfrey Hirst Carpets. [2]
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.
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Carpet should last about 10 years, which is the length of a typical warranty, Davis says. "After that, it's just going to ugly out," she says. "It's just going to look worn and outdated."
The carpet works were developed by Alexander Smith (1818-1878) The company closed the Yonkers mills and relocated to Greenville, Mississippi, in 1954. [3] At the time of its closing, there were 2,400 who worked at the carpet mill. [4] At the time of World War II, there was 7,000 employees who worked at the mill. [5]
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.
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