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Thanks to the synergy created by the partnership between Millennium and our customers, our business has grown five times over the last 5 years. We have been able to cope with this growth by continually investing in new technology and developing innovative manufacturing methods. As a result, Millennium has built several world-class manufacturing facilities, developed many new products, enhanced web utilization, and reduced product costs.
Millennium is a $50 million debt-free company head quartered in Suwanee, Georgia. Our 200,000 sq. ft. state-of-the-art manufacturing facility has one of the largest capacities in the industry. We currently have the capacity to print 1.7 million square meters of carpet per year. Our press operation has a capacity to produce 4.8 million square meters of carpeted products a year and 0.9 million square meters of all-rubber products. This translates to over 1.5 million dust mats per year, and over 500,000 all-rubber mats per year.
Millennium’s most important goal is one that is ongoing: that of understanding the ever-growing needs of our customers. Millennium strives to constantly improve our products, systems, and services to meet the challenges of working with the world’s finest companies.
Millennium’s Research and Development Department is constantly developing new products. We produce many products that are exclusive to Millennium, and we help our customers differentiate themselves from their competitors by offering unique products to their customers. Further product differentiation can be achieved through use of embossed branding and top labeling. We have experience in working with new customers, and we can very effectively match the existing product line of our customers to ensure product continuity.
Millennium works closely with its customers to assist them in sales, marketing, technical and processing areas. Our customer service department is available to provide assistance in all of these areas. We also publish and distribute Mat Handbooks for our customers to assist their plant managers with all operations: from placing orders through our web-based automated system to explaining how mat-rolling machines work or how best to service mats, and more. We also publish newsletters, sales leads, new promotion campaign media and other supporting documents for the sales and marketing force.