Tarkett Residential to up resilient prices in November
Tarkett Residential plans to institute a 3 to 7 percent price increase on all resilient products effective Nov. 1. The company said the increase stems from the rising costs of raw materials and energy affecting production of its resilient product lines.
"The costs of raw materials and energy have soared unabated over recent months and as a result, Tarkett Residential can no longer carry the majority of those increases on its own," said Jan Lembregts, president, Tarkett Residential.