Propex Inc. is a carpet backing company based in Chattanooga, Tenn.
Photo by Dan Henry /Chattanooga Times Free Press .
published Tuesday, March 24th, 2009
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The specialty textile maker’s sales are in a bad state, having fallen from $500 million to $75 million.
Chattanooga-based Propex, a synthetic material and carpet backing manufacturer, has hired a new chief amid slow housing starts and rising oil prices.