AKC Note: Prior to this acquisition Mohawk reported global sales of $7.7 billion, making them the largest floor covering company in the world. IVC is a Belgium based company with a strong position in vinyl sheet and luxury vinyl tile (LVT) products. In January 2014 IVC announced an $80 million investment in a new LVT plant in Dalton, GA with start up scheduled for Q1 2015. At the same time Mohawk is also building an LVT plant in Belgium.
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