Mohawk Industries’s record figures for 2016 results includes sales of $9.0 billion, operating income of $1.3 billion and EBITDA of $1.7 billion. Q1 2017 showed a further growth, with net sales up 2%.
Strengthened by steady growth in the housing and construction markets, the U.S. economy continued to expand in 2016, helping lift the U.S. ceramic tile market to a seventh straight year of growth.
The partnership with Rankin USA will enable the Italian and American companies to supply the widest range of parts and components to the American ceramic industry and guarantee rapid, high-quality deliveries.
For the new Daltile factory in Mexico SITI B&T will supply a spray dryer, mills and high-energy efficiency Titanium kilns, as well as an Ancora finishing line.
Following the initial investment of 50 million dollars in the facility in Loudon, Tennessee, in 2014, the company is set to inject a further 30 million dollars to double its production capacity from 3 to 6 million sq.m/ year.
The new Brentwood facility joins the historic Sacmi USA site in Des Moines, Iowa and will provide assistance to manufacturers operating in Tennessee, the most important ceramic district in the United States.