Tarkett Group is investing $60 million at two manufacturing facilities in Florence, Ala., over the next three years to increase production capacity for luxury vinyl tile.
The Paris-based company said the expansion is needed to meet significant demand growth for vinyl modular flooring, which comes in different colors and shapes for architects and designers to mix and match in interesting ways.
Tarkett also will build a new distribution center in Florence. In all, the operations are expected to create 50 jobs.
The expansion signals Tarkett's commitment to long-term growth in North America, Jeff Fenwick, president of resilient flooring for Tarkett North America, said in a Jan. 25 news release.
Tarkett won a Red Dot Award for product design last year for its Mixonomi vinyl modular flooring. Last fall, Tarkett launched the Mixonomi line in Europe, where it will invest more than 20 million euros ($24.8 million) over the next three years in its manufacturing facilities in Europe, mainly in Luxembourg and Poland.
Tarkett has 34 manufacturing sites employing 12,500. With products sold in 100 countries, the company posted net sales of 2.7 billion euros ($3.35 billion) in 2016.