Mohawk Industries Inc., which bills itself as the world's largest flooring company, is acquiring IVC Group — a rapidly growing manufacturer of luxury vinyl tile (LVT) in Europe — in a $1.2 billion ...

Investors Wednesday welcomed the latest acquisition announced by Mohawk Industries, bidding up shares in the Caloun, Ga.-based floorcovering company to a record high. The $1.2 billion purchase of the ...

Mohawk Industries Inc. is investing $100 million at its Dalton, Ga., luxury vinyl tile plant, where it will increase U.S. manufacturing capacity and create about 200 jobs. The facility is getting new ...

16.12.4 Armstrong Flooring luxury Vinyl Tile (Lvt) Sales, Revenue, Price and Gross Margin (2015-2020) ...

Federal regulators are probing allegations that Georgia-based Mohawk Industries, the world’s largest flooring manufacturer, misled investors in order to hide financial troubles and defective product ...

Nine months after the U.S. government lifted tariffs on some Chinese-made luxury vinyl tiles, the trade tax reprieve ended this week and is likely to push up the price of one the fastest growing types ...

NEW YORK, March 3, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the Global luxury vinyl tile (LVT) flooring market share is observing significant growth due ...

Mohawk is trading on a forward sales multiple of 1.08, below their long-term average of 1.3x. 2018 and 2019 were tough years for the business and industry. We believe there is still more downward ...

We believe there could be an opportunity for TILE to gain market share in the LVT space. Trading at forward earnings of 4.7x, TILE is being heavily discounted by the market. With the bar set very low, ...

Flooring is an essential part of any room transformation. If you are currently going through the renovation process but can't decide between LVT, VCT, or other vinyl flooring types, then we may be ...

Armstrong Flooring announced Tuesday it’s hired a Mohawk Industries executive as its president and CEO. Michel Vermette, president of the residential carpet division at Mohawk Industries, succeeds ...