|Exchange:||New York Stock Exchange|
|Stock:||Mohawk Industries, Inc.|
|Industry:||Home Furnishings & Fixtures|
|Mohawk Industries, Inc. is a Delaware Corporation. The Company is a producer of floor covering products for residential and commercial applications in the U.S. and Europe. The Company is a carpet and rug manufacturer; and manufacturer, marketer and distributor of ceramic tile, natural stone and hardwood flooring in the U.S.; and a producer of laminate flooring in the U.S. and Europe. The Company has three reporting segments, the Mohawk segment, the Dal-Tile segment and the Unilin segment. The Mohawk segment manufactures, markets and distributes its product lines mainly in North America, which include carpet, rugs, pad, ceramic tile, hardwood, resilient and laminate, through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment product lines are sold through various selling channels, which include floor covering retailers, home centers, mass merchandisers, department stores, independent distributors, commercial dealers and commercial end users. The Mohawk segment is recognized through its brand names, which include 'Mohawk(r),' 'Aladdin(r),' 'Mohawk Home(r),' 'Bigelow(r),' 'Durkan(r),' 'Horizon(r),' 'Karastan(r),' 'Lees(r),' 'Merit(r),' and 'Ralph Lauren(r)'. The Dal-Tile segment manufactures, markets and distributes its product lines primarily in North America, which include ceramic tile, porcelain tile and stone products, through its network of regional distribution centers and company-operated sales service centers using company-operated trucks, common carriers or rail transportation. The segment product lines are purchased by floor covering retailers, home centers, independent distributors, tile specialty dealers, tile contractors and commercial end users. Most of the Dal-Tile segment's ceramic tile products are marketed under the 'Dal-Tile(r)' and 'American Olean(r)' brand names and sold through company-owned service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Unilin segment manufactures, markets and distributes its product lines mainly in North America and Europe, which include laminate flooring, wood flooring, roofing systems and other wood products through various selling channels, which include retailers, home centers and independent distributors. Unilin is a laminate flooring manufacturer in the U.S. producing both laminate flooring and related high density fiberboard. Unilin sells its flooring products under the Quick-Step(r), Columbia Flooring(r), Century Flooring(r) and Universal Flooring(r) brands through retailers, independent distributors' private label and home centers. The Company promotes its brands through advertising in both television and print media as well as in the form of cooperative advertising, point-of-sale displays, advertising and sponsorship of a cycling team and marketing literature provided to assist in marketing various flooring styles. The main raw materials the carpet and rug business uses are nylon, polypropylene, polyester and wool resins and fibers, synthetic backing materials, latex and various dyes and chemicals. In the ceramic tile business, the Company manufactures tile mainly from clay, talc, nepheline syenite and glazes. The main raw materials used in producing boards, laminate and hardwood flooring are wood, paper, resins, coatings and stains. It operates in a competitive environment. The Company also uses several other trademarks including UNILIN(r) and PureBond(r) in marketing of its products. The Company is subject to various federal, state, local and foreign environmental health and safety laws and regulations, including those governing air emissions, wastewater discharges, the use, storage, treatment and disposal of solid and hazardous materials and the cleanup of contamination associated therewith.|
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