Mohawk to Invest in U.S. and European LVT Production During 2016

Calhoun, GA, January 14, 2016—During 2016, Mohawk’s investments in North America and Europe will double the company’s worldwide luxury vinyl tile (LVT) production capacity and add new product capabilities. In 2016, Mohawk is investing again on both continents to expand capacity in both flexible LVT and rigid LVT (WPC) products.

To support the increased consumer demand for LVT, Mohawk is investing in two new state-of-the-art LVT facilities, one to support North American market growth and one to extend the company’s leadership in the European market. These new facilities will include unique capabilities to manufacture both flexible LVT and rigid LVT (WPC) products for residential and commercial applications. Mohawk will invest about $200 million in these facilities during 2016 and 2017 with production anticipated to begin during the second half of 2017.

Mohawk has distributed vinyl products for over a decade and in 2014 built an LVT manufacturing facility in Belgium to augment its distributed product lines.

In 2015, Mohawk’s acquisition of IVC positioned the company at the forefront of the vinyl categories. The acquisition added industry-leading manufacturing capabilities in both sheet vinyl and LVT in North America and Europe, including one of the world’s largest, most efficient LVT production lines in Dalton, Georgia.