"Our INSTALL Certified Contractors are the best in the business. INSTALL believes this so much that we will guarantee their installations." This comment from INSTALL Director John McGrath helped to kick off the new INSTALL Warranty & ...
Tags: Construction, Decoration
Avalon Carpet Tile and Flooring of Cherry Hill, NJ, announced that Brian Witkin has joined the company as Executive Vice President of Sales. Brian joins Avalon Carpet Tile and Flooring after a 19 year career at Mohawk Industries. He has ...
Mohawk Industries, Inc. that it has completed the acquisition of Spano Group, a Belgian panel board manufacturer. The transaction was previously announced on January 28, 2013. The total value of the acquisition was €125 million in ...
The US flooring group Mohawk Industries closed its acquisition of the Italian tile producer Marazzi Group, on 3 April 2013. The purchase price equalling US$1.5bn was paid in a combination of cash payment and company shares. The purchase ...
Tags: Mohawk, Marazzi Group
Mohawk Industries, Inc. today announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity giving Mohawk the leading position in worldwide ceramic tile. The ...
Tags: Construction, ceramic tile
Through 2017, a rebound in construction activity, combined with continuing consumer interest in environmentally friendly products, will propel US growth in green building materials demand 11 percent annually to $86.6 billion. US ...
Tags: LEED system, Building Materials Market, solar power products
CALHOUN, Ga. — January 28, 2013 — Mohawk Industries, Inc. (NYSE: MHK) announced today that it has entered into an agreement to purchase Spano Invest NV ("Spano"), a Belgian panel board manufacturer, for €125 million ($168 ...
Several agreements were brokered at the end of January in negotiations underway since the fourth quarter of 2012 to find a buyer for Spano Group. The US flooring group Mohawk Industries is to acquire all shares in Spano Invest through ...
Tags: Spano Group, flooring, Mohawk
Unilin’s Flooring division, which is owned by the US flooring group Mohawk Industries, intends to close two mills in Trelleborg and Perstorp, Sweden that are part of Pergo Europe. Treaters in Perstorp and a laminate flooring mill in ...
Tags: Unilin, Mohawk Industries, flooring
In mid-December 2012,the US flooring group Mohawk Industries signed an agreement for the acquisition of the Italian tile manufacturer Marazzi Group.The transaction is to be concluded before the end of the first quarter 2013 upon fulfilment ...
Tags: MarazziGroup, Mohawk Industries, US, Italy
The Carpet and Rug Institute (CRI) held its Annual Membership Meeting at the Northwest Georgia Trade and Convention Center in Dalton. Outgoing CRI board chairman John Wells offered remarks on the current state of CRI, including the carpet ...
Tags: CRI, Annual Membership Meeting, Mohawk, Joe Foye bags, Smrekar award
The U.S. Department of Labor has reached a settlement agreement with Mohawk Industries Inc., a carpet manufacturer based in Calhoun, Ga., under which the company will increase fire protection at its four carpet pad facilities. The agreement ...
Tags: carpet pad, carpet manufacturer, carpet market, carpet industry
Mohawk Industries Inc. announced 2012 third quarter net earnings of $70 million and diluted earnings per share (EPS) of $1.01. Excluding restructuring charges, net earnings were $72 million and EPS was $1.04, a 25% increase over last year's ...
Tags: net earnings, Net sales, SmartStrand Silk, carpet market
The US flooring group Mohawk Industries is to acquire the Pergo European and North American laminate flooring operations from Pfleiderer. The share deal encompasses Pergo LLC and Pergo AB as well as patent rights pooled in Pergo’s ...
Tags: market view, flooring