IVC US Announces Plans To Build 2nd U.S. Plant In $80 Million Project

Saturday, November 09, 2013

IVC US announced that plans are underway to build a brand new luxury vinyl plank and tile (LVT) manufacturing facility in the United States, with the largest capacity in North America. The $80 million project is anticipated to be completed and fully operational first quarter 2015. The firm's initial plant is at Dalton, Ga.

Officials said they have not announced where the second plant will be.

“Following the success of our LVT investment in Belgium, the decision to move forward with another major LVT investment for North America underscores IVC Group’s position in leading this category from both sides of the Atlantic. It also underscores our confidence in the North American market,” said Jan Vergote, CEO of IVC Group.

In 2012, IVC Group opened its ultra-modern LVT manufacturing plant in Belgium, eliminating the need to source from the Far East. This plant currently supplies all residential and commercial LVT sold by IVC around the world. The strong and consistent demand for LVT in the marketplace has solidified IVC’s need for a second plant investment, officials said.

“IVC US is ready to engage in its second North American manufacturing investment since 2011, when we opened our sheet vinyl plant in Dalton, Ga.,” said Xavier Steyaert, co-CEO of IVC US. “Just as we proved with fiberglass sheet vinyl, we will again demonstrate with LVT our capability to deploy state-of-the-art manufacturing technology, combine it with operational excellence and create more American jobs.”

The 300,000 square foot LVT manufacturing facility is projected to create in excess of 200 jobs. In addition, building the new plant in the United States will also mean that 100 percent of IVC US LVT will be American made.

“By widening the breadth of our product portfolio made in house and in the U.S., it will allow our distributor and retail partners to further deepen their relationship with IVC US,” says Paul Murfin,
Co-CEO of IVC US. “They will also enjoy high quality products that will generate high profit margins, just as they are currently experiencing with our residential and commercial fiberglass sheet vinyl and our Belgian-made LVT products.”

Since 2004, when IVC Group first decided to incorporate IVC US to service the North American markets, it has experienced explosive growth, it was stated.


Christopher & Banks Opens New Store In Northgate Mall

Christopher & Banks Corporation, a women’s specialty retailer, Wednesday announced the grand opening of its new retail concept store at Northgate Mall.   The new store combines its Christopher & Banks and CJ Banks brands, bringing missy, petite and women’s sizes 4 – 24 into one shopping location. “We are thrilled to bring this concept to Chattanooga,” said LuAnn ... (click for more)

Volkswagen Celebrates 200 Million Vehicles Produced

The Volkswagen Group has now produced 200 million vehicles. Volkswagen is one of the few manufacturers in the world to have reached this total. At the Group evening, the sports car study Volkswagen XL Sport made its world debut as the 200 millionth Group vehicle. On the occasion of the production record, actress Catherine Deneuve, founding chairperson of “Cinema for Peace”, received ... (click for more)

Teen, 17, Charged With Aggravated Rape In Attack On 69-Year-Old North Chattanooga Runner

A 17-year-old has been charged with aggravated rape in connection with an attack on a 69-year-old runner in North Chattanooga on Monday morning. The teen was identified by Juvenile Court officials as Diontae Smartt. Authorities said he has given a confession. Smartt has a detention hearing Thursday at 12:30. The incident happened at approximately 7:30 a.m. ... (click for more)

Berke Implements New Pay Plan For Chattanooga Fire Department

Mayor Andy Berke joined the International Association of Fire Fighters (IAFF) and leadership of the Chattanooga Fire Department to unveil the department’s new pay plan Wednesday afternoon. At a press conference at Fire Hall #1 on Main Street, Mayor Berke and IAFF Local 820 President Jack Thompson signed a memorandum of understanding which sets forth regular raises for fire ... (click for more)

Leaders Lead On Amendment 1

This week the Hamilton County Commission was faced with what I believe may be one of the most important votes they have cast during their tenure.  Granted, the vote was over a "mere" Resolution that resulted in no overt action or new law in our county.  But there are times when simply speaking Truth and taking a stand on a foundational Principle is paramount and as such ... (click for more)

Roy Exum: Expert Reasons Why To Vote

Early voting for the November election begins two weeks from today so please jump-start your plans that will assure your choices will be counted. In a fun-filled attempt to show what some of those who actually vote do during the rest of the day, I offer two examples of “those who live among us” from experts. The first are a series of questions from readers of “Dear Abby” who ask ... (click for more)