SUMMARY
This summary highlights information contained or incorporated by reference in this prospectus supplement and does not contain all of the
information that you should consider in making your investment decision. You should read this summary together with the more detailed information appearing elsewhere in this prospectus supplement and the accompanying prospectus and the information
in the documents incorporated by reference herein. You should carefully consider, among other things, the matters discussed in the sections titled Risk Factors below and in our SEC reports that are incorporated by reference herein.
Mohawk Industries, Inc.
Mohawk is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The
Companys vertically integrated manufacturing and distribution processes provide competitive advantages in carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile, or LVT, and sheet vinyl flooring. The Companys
industry-leading innovation develops products and technologies that differentiate its brands in the marketplace and satisfy all flooring-related remodeling and new construction requirements. The Companys brands are among the most recognized in
the industry and include American Olean®, Daltile®, Durkan®, Eliane®, Feltex®, Godfrey Hirst®, IVC Commercial®, IVC Home®, Karastan®, Kerama Marazzi®, Marazzi®, Moduleo®,
Mohawk®, Pergo®, Quick-Step® and Unilin®. During the past two decades, the Company has transformed its business from an American carpet manufacturer into the worlds largest flooring company with operations in Australia,
Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia, the United Kingdom and the United States. The Company had annual net sales in 2022 of $11.7 billion. Approximately 60% of this amount was generated by sales in
the United States and approximately 40% was generated by sales outside the United States.
The Company has three reporting segments,
Global Ceramic, Flooring North America, and Flooring Rest of the World, with their 2022 net sales representing 37%, 36% and 27%, respectively, of the Companys total revenue.
The Global Ceramic Segment designs, manufactures, sources, distributes and markets a broad line of ceramic, porcelain and natural stone tile
products used for floor and wall applications in residential and commercial channels for both remodeling and new construction. In addition, the Global Ceramic Segment manufactures, sources and distributes other products, including natural
stone, porcelain slabs and quartz countertops, as well as installation materials. The Global Ceramic Segment markets and distributes its products under various brands, including the following: American Olean, Daltile, Eliane, EmilGroup®, KAI®, Kerama Marazzi, Marazzi and Ragno®. The Segment sells its products through
Company-owned and franchised operations, independent distributors, home centers, floor covering retailers, ceramic specialists, commercial contractors and commercial end users. The Global Ceramic Segment operations are vertically integrated from the
production of raw material for body and glaze preparation to the manufacturing and distribution of ceramic and porcelain tile and countertops.
The Flooring North America Segment designs, manufactures, sources and distributes a broad range of floor covering products in a variety of
colors, textures and patterns for both residential and commercial remodeling and new construction channels. The Segments product lines include broadloom carpet, carpet tile, rugs and mats, carpet pad, laminate, medium-density fiberboard, or
MDF, wood flooring, LVT and sheet vinyl. The Flooring North America Segment markets and distributes its flooring products under various brands, including the following: Aladdin Commercial®,
Durkan, IVC®, Karastan, Mohawk, Mohawk Group®, Mohawk Home®, Pergo, Portico® and Quick-Step. The Segment sells its products through floor covering retailers, distributors, home centers, mass merchants, department stores,
e-commerce retailers, shop at home, buying groups, builders, commercial contractors and commercial end users.