UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 19, 2002
MOHAWK INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 01-19826 52-1604305
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(State or other (Commission File (IRS Employer
Jurisdiction of Number) Identification No.)
Incorporation)
160 South Industrial Blvd., Calhoun, Georgia 30701
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(Address, including zip code, of principal executive offices)
(706) 629-7721
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(Registrant's telephone number, including area code)
Item 5. Other Events
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On March 19, 2002, Mohawk Industries, Inc. ("Mohawk") issued a
press release announcing that it is seeking to raise $600
million through a private placement of senior notes. A copy of
such press release is included as an exhibit to this report
and incorporated herein by reference under this Item 5.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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C. Exhibits
99.1 Press Release dated March 19, 2002
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Mohawk Industries, Inc.
Date: March 19, 2002 By: /s/ Frank H. Boykin
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Frank H. Boykin
VP & Corporate Controller
INDEX TO EXHIBITS
Exhibit
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99.1 Press Release dated March 19, 2002
Exhibit 99.1
For Release: Immediately
Contact: John D. Swift, Chief Financial Officer
MOHAWK INDUSTRIES, INC. ANNOUNCES PLANNED PRIVATE
PLACEMENT OF NOTES
Calhoun, Georgia, March 19, 2002 - Mohawk Industries, Inc. (NYSE:MHK) today
announced that it is seeking to raise $600 million through a private placement
of senior notes. Completion of the offering is expected in April, subject to
market conditions.
The notes have not been registered under the Securities Act of 1933, as amended,
or any state securities laws. Unless so registered, the notes may not be offered
or sold in the United States except pursuant to an exemption from the
registration requirements of the Securities Act and applicable state securities
laws. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the notes in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Certain of the statements in the immediately preceding paragraphs, particularly
anticipating market conditions for corporate securities in general and the
Company's notes in particular, the Company's ability to make and assimilate
future acquistions and similar matters, and those preceded by, followed by or
that otherwise include the words "believes," "expects," "anticipates,"
"intends," "estimates," or similar expressions constitute "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as amended. For
those statements, Mohawk claims the protection of the safe harbor for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995. Those statements are based on many assumptions including
assumptions regarding the market conditions for corporate securities and the
Company's make and assimilate future acquistions. These or other assumptions
could prove inaccurate and therefore, there can be no assurance that the
"forward-looking statements" will prove to be accurate. Forward-looking
statements involve a number of risks and uncertainties. The following important
factors affect the future results of Mohawk and could cause those results to
differ materially from those expressed in the forward-looking statements:
materially adverse changes in economic conditions generally in the carpet, rug
and floorcovering markets served by Mohawk; competition from other carpet, rug
and floorcovering manufacturers, raw material prices, timing and level of
capital expenditures, the successful integration of acquisitions including the
challenges inherent in diverting Mohawk's management attention and resources
from other strategic matters and from operational matters for an extended period
of time, the successful introduction of new products, the successful
rationalization of existing operations, and other risks identified from time to
time in the Company's SEC reports and public announcements.