In Floor Trends’ “2014 Industry Study,” respondents said when it comes to resilient flooring, luxury vinyl tile (LVT) and planks were the “top product type sold” at 95% while sheet goods came in at 87%.
Mohawk Industries announced it has entered into a definitive agreement to acquire the IVC Group—which includes the company’s Dalton operations consisting of its U.S. headquarters, a sheet vinyl factory and a state-of-the-art luxury vinyl tile (LVT) plant that is coming online.
Luxury vinyl flooring (LVF), including plank (LVP) and tile (LVT), has seen a resurgence in recent years, and can be found installed in both residential and commercial settings.
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