Tarkett is the latest company to announce price increases for resilient flooring. The company said it will raise prices by 4 to 7 percent on all commercial resilient tile beginning April 7.
The company said increasing global
demand for raw materials and higher energy costs led to the decision to hike
prices. “Of course, the resilient industry is not an exception to escalating
costs,” said Gilles de Beaumont, president of Tarkett Commercial Tile in North
America. “In the best interest of our customers, Tarkett will continue to work
diligently to find ways of further increasing our manufacturing efficiencies to
off-set these costs as much as possible.”
The move comes at a time when other
resilient flooring makers have announced plans to raise prices on their
products. Last month, Armstrong,
Congoleum and Mannington said prices on their resilient products will increase
anywhere from 5 to 7 percent in March.
Tarkett to raise prices on commercial products
February 19, 2008