Press
10 Mar. 2010
Propex Focused on Technology, Innovation and Financial Strength
Corporate News
CHATTANOOGA, Tenn., March 10 — One year after being acquired by a private equity group, the
leadership at Propex Operating Company, LLC, says that the emerging economic recovery will find the
company ideally positioned to leverage its global and U.S. assets for optimal growth and profitability.
Propex is a global leader in the development, design and manufacturing of brands and products for its
customers. The business is grouped into four operating units including Geosynthetics, Performance
Technologies, Concrete Solutions and Furnishing Solutions.
“Propex has achieved and maintained its historical market dominance by investing in the development
of innovative technology, building on its core competencies of scientific know-how and manufacturing
operations excellence, and ultimately, delivering sustainable solutions to our customers,” says David L.
Gartshore, vice president of sales for Propex Furnishing Solutions division, which is responsible for the
company’s sales of primary and secondary backings for the carpet industry.
Specifically, Gartshore points to Propex’s extensive on-the-ground resources, research and
development expertise, and comprehensive product offering, including the industry’s most recognized
brands Actionbac® and Polybac® carpet backing products. He adds that the availability of experienced
sales and technical support as well as manufacturing operations and distribution centers centrally
located to the carpet industry give Propex a competitive edge in terms of manufacturing flexibility and
customer response.
In its first year under new management, Propex introduced Polybac® EX3 Advantage™, an ecoefficient
primary backing that offers improved performance while using 33% fewer natural materials.
Gartshore says, “As the largest independent backing producer in the industry, Propex has an
unparalleled history of product design and innovation.” He predicted that the company’s robust
development efforts will result in several product introductions in 2010 that will further Propex’s
commitment to sustainability and contribute to the strength of its current market-leading brands. This
first year of new management also saw the company strengthen its leadership position with the addition
of several key management roles.
Gartshore’s optimism about the future of Propex is echoed at all levels of corporate management. At
the company’s first international sales meeting held recently in Chattanooga, Tennessee, Executive
Vice President Ralph Bruno said Propex is “creating sustainable health in each of the company’s
business segments, which ensures our customers that that we are a strong, long-term supplier they can
rely on to help grow their business.”
About Propex Operating Company, LLC
Propex Operating Company, LLC (www.propexbrands.com) is a global leader in the development,
design, and manufacturing of brands and products that create advantages for customers. Propex’s
footprint covers three continents, with 11 facilities totaling over five million square feet of manufacturing
and more than 2,000 teammates focused on the markets the company serves. Often the inventor and
always the innovator, Propex has both the heritage and vision which makes it the leader in the
marketplace today that will continue to grow in the future in all facets of the company’s business.
Media Contacts:
Sandy Stewart
Propex Operating Company, LLC
423-553-2894
sandy.stewart@propexus.com
via RSS Feed