Monday, August 26, 2019
Mohawk Essay Example | Topics and Well Written Essays - 250 words
Mohawk - Essay Example According to Kathleen Gallagher of the Millwaukee Journal Sentinal in a Christmas Day article 2006, carpet has dropped to 46% from 49% in sales of ALL floor coverings since '05. " People have to stand on something" said Haruki Toyama of Toyama Value Fund, in that recent article. Since this trend must have been apparent to the Mohawk Company a long time ago these folks have been moving into the tile and laminates end of floor coverings, hence their purchase and integration of the Belgian tile manufacturer mentioned. Instead of a careful and slow growing conservative company I see a concern poised to take advantage of lower transport costs than since the beginning of the Iraq war; along with an integrated tile manufacture, to challenge Shaw's leading market share in this industry. Instead of a stodgy conservative slow growth company, Mohawk seems poised on the cusp of an upsurge of growth if one reads into the future with this Sullivan article.
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