Mohawk’s position as the global flooring leader helps meet a fundamental need around the world, which, in turn, creates a set of compelling growth opportunities.
Through $3.2 Billion in Capex & Acquisitions
Since 2016, we have invested in CapEx and acquisitions to propel sales growth. These investments in six product categories and 12 countries allow us to capitalize on rapidly growing flooring categories, enter new regions and enhance manufacturing capabilities and capacity. We plan to invest an additional $550 to $580 million in capital expenditures through 2019. As these investments are fully integrated and optimized, Mohawk will be positioned to reap the benefits through increased incremental sales and enhanced margins.
With Proprietary Designs & Features
From differentiated attributes that deliver advanced performance to those that enhance aesthetic appeal, Mohawk is a leader in establishing new and innovative frontiers across its flooring portfolio. The results are products — superior slip-resistant ceramic tile, proprietary waterproof wood and super soft and stain-resistant carpet fibers to name a few — that provide a superior competitive position, command premium price points and deliver enhanced profitability.
In North America & Europe
The newest flooring category is taking the market by storm with explosive growth on two continents. Consumers love LVT for versatility, affordability, ease of installation and low maintenance. To capitalize on the extraordinary growth opportunity LVT presents, we have invested strategically in five new state-of-the-art production facilities in the U.S. and Belgium, which, once optimized, will position us as a global leader in this exciting new category.
through investment & shared expertise
Acquiring and successfully integrating premier flooring companies around the world is a core competency at Mohawk. Our most recent additions include Godfrey Hirst, the largest flooring provider in Australia and New Zealand, and Eliane, a leading ceramic tile manufacturer in Brazil — one of the largest tile markets in the world. As with past acquisitions, we are investing in resources and leveraging internal expertise to grow sales, improve margins and efficiencies and create additional competitive advantages in the local markets.