Citing rising energy and raw material costs, several resilient flooring manufacturers are raising their prices. Major manufacturers including Armstrong, Congoleum, Mannington and Tarkett are set to rise prices an average of 3 to 5 percent on select lines.
Liz Charbonneau, Congoleum’s vp of marketing, told NFT that
the price hikes are needed to offset the rising material costs. “These
increases are being reflected across the category because we all have the same
raw material needs,” she said.
For its part, Armstrong said the increase would be applied to
the company’s full line of commercial vinyl composition tile, as well as select
commercial and residential products including sheet vinyl, luxury vinyl tile
and plank flooring.
Congoleum said that all of its residential and commercial
lines would be affected.
Mannington noted that the raise in price would affect the company’s
Adura Luxury Floors, Stainmaster vinyl, VCT and select Mannington sheet vinyl
Tarkett said it will
raise prices on its commercial resilient tile from 2 to 6 percent.
In bid to offset fuel costs, resilient makers hike prices
June 15, 2007