Mohawk Reveals Strategy & Updates in Q2 Conference Call

Calhoun, GA, July 30, 2019-During Mohawk’s Q2 conference call on July 26, 2019, the company announced the following,

* It is rolling out a line of Daltile LVT.

* It is in final stages of developing a new ceramic installation system designed to reduce time and cost associated with ceramic installation.

* It is in the early stages of launching porcelain roofing tiles.

* It is ramping up quartz countertop plant in Tennessee.

* It is expanding its private label tile program to increase market penetration.

* Paul De Cock, president of Mohawk North America, has completed management reorganization.

* The company closed four higher-cost manufacturing operations in Q2.

* Carpet sales are shifting to lower cost polyester products.

* LVT domestic manufacturing output increased 30% in Q2.