Tarkett has announced a price increase of approximately 6 to 8 percent across its residential and commercial brands. The increase is planned to take effect in the second quarter.
“The persistent escalation in the price of raw materials has outpaced internal efficiency improvements that typically offset cost volatility,” stated Jeff Buttitta, president and ceo of Tarkett North America. “Though cost-saving efforts remain a constant, these sustained increases necessitate price adjustments.”
Tarkett to increase resilient flooring prices
May 18, 2011