Type
Business expansion
Country
Belgium
Region
Vlaams Gewest; Prov. West-Vlaanderen; Arr. Kortrijk
Location of affected unit(s)
Avelgem
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.93 - Manufacture of carpets and rugs

180 jobs
Number of planned job creations
Job creation
Announcement Date
20 January 2016
Employment effect (start)
Foreseen end date

Description

The vinyl company IVC is enlarging its establishment in Avelgem by creating a new production facility (20,000 sq m). The establishment will be as automated as possible in order to reduce wage costs. The investment is nonetheless creating 180 new jobs. Since 2015, IVC is part of the worldwide American floor covering company Mohawk. The decision to make the new investment in the establishment in Avelgem is based on the location: Belgium is in the well-located in the middle of the most important sales areas for the company: France, Germany, the United Kingdom and the Netherlands.


Sources

  • 21 January 2016: Het Laatste Nieuws
  • 20 January 2016: De Tijd

Citation

Eurofound (2016), IVC, Business expansion in Belgium, factsheet number 86240, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86240.