IVC US announced that plans are under way to build a brand new luxury vinyl plank and tile (LVT) manufacturing facility in the United States with the largest capacity in North America. The $80 million project is anticipated to be completed and fully operational first quarter 2015.
“Following the success of our LVT investment in Belgium, the decision to move forward with another major LVT investment for North America underscores IVC Group’s position in leading this category from both sides of the Atlantic. It also underscores our confidence in the North American market,” says Jan Vergote, CEO of IVC Group.