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2016 REVIEW

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OPERATING HIGHLIGHTS

  • Totaled $1.9 billion in sales and $333 million in operating income.
  • Increased LVT manufacturing capacity by over 30 percent to keep pace with accelerated market growth.
  • Initiated new LVT production line in Belgium, which will be operational in late 2017, to further grow capacity to meet rapidly increasing demand.
  • Announced the construction of a carpet tile plant in Belgium, to start production by the end of 2017.
  • Commenced laminate capacity expansion in Russia where the business has been operating at capacity; project will be complete by mid-2018.
  • Announced the construction of a greenfield sheet vinyl plant in Russia to come online during 2018, when we expect an economic rebound.
  • Grew laminate sales in the premium segment of the market through products featuring realistic visuals, deeply embossed surfaces and proprietary water-resistant technology.
  • Significantly increased sales of insulation boards through the integration of our Xtratherm acquisition with our existing regional insulation business.
  • Increased efficiency of medium-density fiberboard (MDF) and chipboard manufacturing through process improvements.

For more information, contact:
Mohawk Industries, Inc.
160 South Industrial Boulevard
Calhoun, Georgia 30703
www.mohawkind.com
(706) 624-2246

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