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Mohawk Industries buying Spano Invest for $168M

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CALHOUN, Ga. (AP) — Floorcovering company Mohawk Industries Inc. is buying Belgian panel board maker Spano Invest NV for $168 million in cash so that it can expand its product offerings. Spano makes and distributes chip and melamine board, which are used to produce furniture and building products mostly in the Belgian market. The deal is expected to close during the second half of this...