Mohawk Industries, Inc. (NYSE:MHK) will seek acquisitions. Jeffrey Lorberbaum Chairman & Chief Executive Officer answered to a question during the Second Quarter 2020 Earnings Conference Call, "We’re always looking at acquisitions to go through. At this point, it's a little hard to aggressively do acquisitions given that you don't know the environmental thesis, but we're always talking to different people on acquisitions. On the business, we're trying to minimize the capital investments for the moment, but we believe there'll be greater visibility in the not distant future and we'll start changing it. If you go back 1.5 months ago, the directive was stop everything we could stop. And we really haven't moved from that at this moment, but we're trying to decide what it should be. And every week, we get a better view of the market and what we should do".
Mohawk Industries, Inc. specializes in manufacturing and marketing ground coating products. The group's products are sold under the Mohawk, Aladdin, American Olean, Bigelow, Century Flooring, Columbia Flooring, Dal-Tile, Durkan, Horizon, Karastan, Lees, Merit, PureBond, Quick-Step, Uniclic, Unilin brands, etc. Net sales break down by family of products as follows:
- carpets and rugs (38.3%);
- tile products (35.2%): ceramic, porcelain, marble and natural stone tiles;
- floors (16.5%): solid wood flooring, laminate flooring and vinyl flooring;
- other (10%).
At the end of 2021, the group had 69 production sites worldwide.
Net sales break down geographically as follows: the United States (55.2%), Europe (27.8%), Russia (4%) and other (13%).
MOHAWK INDUSTRIES, INC. 
