Armstrong said it will initiate a 6 to 8 percent price increase in the United States and Canada on vct, commercial and residential lvt, and residential sheet and tile. Additionally, the company is will implement an 8 to 10 percent increase on wall base and installation, maintenance, and accessories, beginning with shipments on June 27.
“Our industry continues to experience rising raw materials, energy and logistics costs. We anticipate this higher cost structure to remain in place throughout 2011 and beyond,” said Kevin M. Biedermann, svp, Armstrong Floor Products, North America – Residential.
Armstrong announces price hikes on resilient, accessories
May 10, 2011