Companies in the timber industry / Daily News / Wood flooring / Wood Products / Europe / Global / North America
February 1, 2018
Tarkett announces EUR 70 million investment in LVT production capacity
Tarkett announced it will invest EUR 70 million during the next three years, for expanding its luxury vinyl tiles (LVT) production capacity in North America and Europe. The flooring and sports surface solutions producer will also enhance a more efficient and sustainable manufacturing. In the United States, close to 50 million euros ($60 million) will be invested over a three-year period to increase production capacity at two manufacturing facilities based in Florence (Alabama). This expansion addresses significant demand growth for Tarkett’s vinyl modular flooring. Additionally, Tarkett will build a new ...
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