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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 ...
The company adopted the name Mohawk Carpet Mills (or Mohawk Mills, for short) in 1920, when it merged with McCleary, Wallin and Crouse, another mill in Amsterdam. [11] It became the country's sole weaver to offer an entire line of domestic carpets, also creating the industry's first textured design and sculptured weave.
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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.
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 ...
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