Tarkett Moving Canadian Manufacturing Operations to U.S.

Paris, France, April 17, 2019-Tarkett is transitioning all manufacturing activities from Waterloo, Ontario and Truro, Nova Scotia in Canada to manufacturing locations in the U.S., resulting in the closure of both the Waterloo plant, which produces flooring accessories, and the Truro plant, which produces commercial carpet rolls.

These moves are consistent with the company’s strategy to optimize operations and position Tarkett to better anticipate and respond to the needs and demands of the North American market.

Accessories produced in Waterloo will be moved to the recently expanded Chagrin Falls, Ohio site. Products currently manufactured in Truro will be transferred to Dalton, Georgia, specifically the carpet facility acquired with the purchase of Lexmark in September 2018.

This consolidation will reduce Tarkett’s cost base in North America and genrate the planned cost synergies anticipated from the Lexmark acquisition. As most of the products manufactured in Canada are shipped to the U.S. market, this move will also significantly improve logistics.

As always, Tarkett will do what is right for both the employees and customers, in light of this decision. The workforce of the Waterloo and Truro facilities, 70 and 240 employees respectively, will notably receive outplacement support to help them find new opportunities. Tarkett expects to complete the closure process before the end of the year.