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Calhoun, Georgia (ots / PRNewswire) – "I am grateful for the contributions that Frank has made to Mohawk over his 25-year career," said Jeffrey S. Lorberbaum, chairman of the board of directors and chief of the direction. "Under his leadership, Mohawk has grown from a niche carpet manufacturer to the world's largest flooring company with production facilities in 19 countries, and Frank has built a strong balance sheet that will support our growth and acquisitions. Future, the strong financial team that Frank has formed and I am very grateful for his continued support during the transition. "
"I am proud of the remarkable growth and expansion of the Mohawks during my stay here," said Mr. Boykin. "Mohawk is a great company with a bright future and I look forward to working with our finance team on a smooth transition."
Mohawk has launched a comprehensive search for Mr. Boykin's successor. Following his selection, Mr. Boykin will accompany the transition as a senior advisor.
INFORMATION ON MOHAWK INDUSTRIES
Mohawk Industries is the world's leading manufacturer of flooring for residential and commercial applications. Mohawk's vertically integrated manufacturing and distribution processes offer competitive advantages in the production of carpets, ceramic tiles, laminates, wood, stone and vinyl. Our breakthrough innovations have resulted in products and technologies that differentiate our brands on the market and meet all the requirements for rebuilding and rebuilding. Our brands are among the best-known in the industry and include the US companies Olean, Daltile, Durkan, Feltex, Godfrey Hirst, IVC, Karastan, Marazzi, Mohawk, Mohawk Group, Pergo, Quick-Step and Unilin. Over the past decade, Mohawk, an American carpet manufacturer, has become the largest flooring company in the world. It is present in Australia, Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States.
Some of the statements in the previous sections, especially those concerning future performance, business prospects, growth and operating strategies, etc., as well as terms that may "anticipate", "anticipate" and "may", "believe "," anticipate "and" estimates "or similar expressions are" forward-looking statements ". Mohawk invoked the protection of safe harbor principles set out in the Private Securities Litigation Reform Act of 1995. There can be no badurance that forward-looking statements will be accurate because they are based on numerous badumptions involving risks and uncertainties. The following important factors may lead to a deviation from future results: changes in economic or industrial conditions; competition; Inflation and deflation of commodity prices and other input costs; Inflation and deflation on hypermarkets; Costs and energy supply; Time and amount of investment; Timing and implementation of price increases for the company's products; amortization of goodwill; Integration of acquisitions; international trade; Introduction of new products; Streamlining business processes Taxes and tax reform; Product and other claims; Litigation and other risks identified in Mohawk SEC reports and public announcements.
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