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In 1953, the rug business was sold to a Boston investment company and reincorporated, reusing the name Fieldcrest Mills. That company merged with the textile company Cannon Mills to become Fieldcrest Cannon in 1986, resulting in a bankruptcy as well as mass layoffs and labor disputes. In 1993, Mohawk Industries purchased the Karastan business ...
A portion of the Karagheusian Rug Mill as it stood, long abandoned, in Freehold in 1990. The faded "Gulistan" name can be seen in the center. A. & M. Karagheusian, Inc. was a rug manufacturer headquartered at 295 Fifth Avenue in Manhattan. Manufacturing was located in Freehold Borough, New Jersey and operated for 60 years before closing in 1964 ...
An oriental rug is a heavy textile made for a wide variety of utilitarian and symbolic purposes and produced in "Oriental countries" for home use, local sale, and export. Oriental carpets can be pile woven or flat woven without pile, [1] using various materials such as silk, wool, cotton, jute and animal hair. [2]
Arshag Karagheusian (Armenian: Արշակ Կարագյոզյան December 4, 1872 [1] - September 24, 1963) was an Armenian rug manufacturer and co-owner of A. & M. Karagheusian, Inc. He also served as the head of the Armenian General Benevolent Union becoming its 4th president from 1943 to 1952, after Boghos Nubar , Calouste Gulbenkian and ...
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The Oriental Carpet Manufacturers Company was established by a group of British merchants at the end of 1907/beginning of 1908 in Smyrna. Looms and other technical equipment were procured in Germany and Austria. The first company-owned production facilities were set up in the Western Anatolian Manisa Province.
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