Mohawk to build LVT plant in U.S.

Mohawk to build LVT plant in U.S.
December 16, 2013

Dallas—Mohawk plans to build a luxury vinyl tile plant in the U.S. after it completes a plant in Europe. CEO Jeffrey Lorberbaum announced the project at Mohawk’s annual Solutions meeting, which hosted 500 retail accounts and 1,200 customers.

No timeline or location for the project was announced. 

In other news from the meeting, Lorberbaum discussed Mohawk’s new web “cloud” tools to drive more customers into its aligned dealers’ stores.

Screen Shot 2013-12-16 at 12.06.16 PMLorberbaum also told dealers Mohawk has invested $2.2 billion in 2013 in new equipment and acquisitions. Its recent acquisitions of Marazzi and Pergo give Mohawk a 40% share in both ceramic tile and laminate flooring.

 With the acquisitions, the U.S. represents 65%-70% percent of Mohawk’s total business.

 Lorberbaum said he anticipates that new home starts will rise 25% next year to over 1.1 million units and he thinks growth in the flooring industry will outpace the overall economy by at least 2%-3%.

Related Articles

Press Release

Shaw Contract Group launches Cut & Compose

Cartersville, Ga.—Cut & Compose, a new collection by Shaw Contract Group, brings bold, typographic design to interiors, while supporting the Center for Green Schools at the U.S. Green Building Council

Read More

Tandus Centiva expands TandusTape usage, receives two Good Design Awards

Dalton—Tandus Centiva announced the introduction of TandusTape for Flex-Aire Modular products. Previously limited to use with ethos Modular, the convenience and cost savings made possible by the TandusTape Installation System

Read More

Crossville launches updated Empire porcelain tile collection

Crossville, Tenn.—Crossville, Inc. has announced the relaunch of its popular Empire porcelain tile collection, now featuring a new color palette and updated size offerings. The line maintains its nuanced, authentically

Read More