Mohawk announces an organizational restructuring, creating two new distinct business units: Mohawk Fine Paper and Mohawk Digital.
Mohawk's core business of fine text and cover papers and envelopes will be managed within the Mohawk Fine Paper division, while the company's growing portfolio of digital substrates — including a wide range of papers and non-papers for printing across dry toner, liquid toner and ink jet devices, will be managed within the new Mohawk Digital division.
“Mohawk's traditional fine paper business is mature, while our digital business has experienced, and is positioned for, rapid growth. Given the differing maturity levels of these two segments, it was necessary to develop individual growth strategies to ensure future success,” said Thomas D. O'Connor, Jr., Chairman and CEO of Mohawk.
