Mannington Mills said it will raise prices on its commercial and residential resilient flooring beginning June 4. According to the company, the price increases will help offset rising energy costs, including a “tightening global demand for certain primary feed-stocks, higher oil and natural gas prices, and higher transportation costs.” The slated 3 to 5 percent price hike will affect the company’s Adura Luxury Floors, Stainmaster vinyl, VCT and select Mannington sheet vinyl lines.
have seen a continued increase in costs related to fuel used to operate our
plants, inbound and outbound transportation and key raw material components,”
noted Tom Davis, Mannington’s president and CEO, adding that “increases are impacting the industry in
virtually every product category.”
Mannington is the latest in a line of manufacturers
announcing price increases on resilient flooring. In the past several weeks,
Armstrong, Congoleum and Tarkett have said they will increase prices on their
resilient flooring products to help offset rising material and energy costs.
Mannington Mills to raise prices on resilient: "Increases are impacting the industry in virtually every category"
April 27, 2007