Engineered Floors Acquires Dream Weaver Carpet Industries

Engineered Floors LLC, Dalton, Ga. — a manufacturer of carpet primarily for multi-family housing
and producer of PureColor solution-dyed stain- and soil-resistant polyester fiber for residential
replacement and multi-family housing carpet — has acquired Chatsworth, Ga.-based residential carpet
manufacturer Dream Weaver Carpet Industries Inc. for an undisclosed price.

Engineered Floors was established in 2009 by Chairman and CEO Robert E. Shaw, who returned to
the industry after retiring in 2006 as CEO of Dalton-based floor-covering manufacturer Shaw
Industries Inc. The new company built a fiber and carpet manufacturing plant in Calhoun, Ga. — the
first greenfield carpet plant built in North Georgia in the last 25 years, according to James
Lesslie, assistant to the chairman. The plant, which is equipped with new machinery, has undergone
two expansions, and now measures 510,000 square feet (ft2) and employs a workforce of some 500
people. A new 210,000-ft2 manufacturing plant under construction in Dalton is scheduled to open in
the first quarter of 2012. By the end of 2012, the company expects to employ approximately 800
people including those at Dream Weaver Carpets.

Dream Weaver Carpets was founded in 1992 and uses PureColor fiber in its carpet products. As
a division of Engineered Floors, the company will continue its operations in Chatsworth and offer
its carpets under the Dream Weaver Carpets brand.

“We are excited to have Dream Weaver Carpets become part of the Engineered Floors
organization,” Shaw said. “Melvin Silvers (founder of Dream Weaver Carpets) has built a solid
company and features a great collection of carpets using our PureColor fiber. By combining
resources, we can accelerate their growth and help maximize our production efficiencies.”

Lesslie noted that the acquisition of Dream Weaver Carpets gives Engineered Floors an entry
into retail distribution channels. “We are excited about getting into the full-service side of the
carpet industry,” he said.

December 13, 2011