Laminate flooring manufacturer Unilin is expanding its Thomasville facility with the addition of a 100,000-square-foot warehouse as part of a $36 million investment.
Mohawk Industries, Inc. (NYSE: MHK) laminate and wood segment flooring sales rose 41% to $466 in the fourth quarter, fed by acquisitions of Pergo and Spano, and growing U.S. sales.
Mohawk Industries Laminate and Wood segment net sales were $451 million, up 37% over last year. Most of the increase is from the acquisitions of Pergo and Spano, and growth in North America.
UNILIN, the international wood group and part of the Amercian group Mohawk Industries, listed on the stock exchange, has announced a restructuring of its division panels.
Mohawk Industries (NYSE: MHK) 2012 fourth quarter net earnings rose 40% to $66 million on sales of $1.44 billion. Mohawk says the positive U.S.outlook for home building and remodeling will help it grow.