Armstrong Flooring Announces Price Increases
Lancaster, Pa. -- Armstrong Flooring announced that it will initiate a 3-6% price increase on select residential and commercial sheet and vinyl composition tile products in the U.S. and a 5% increase across all product categories in Canada due to continued exchange rate pressures. The increase will apply to orders shipping after April 2018.
“Over the past several months, we have experienced significant increases in raw materials, energy, transportation and operating costs,” said Brent Flaharty, senior vice president of North American sales. “Key raw materials, such as PVC, plasticizer, limestone, TiO2, and packaging have not only increased, but we also expect continuing upward cost pressure throughout 2018. Rising natural gas and electricity prices are increasing our manufacturing facility operating costs, and fuel and transportation rates are rising impacting our delivered cost. In spite of every effort, we can no longer fully absorb the extent of these increases.”
For more information, visit www.armstrongflooring.com.