Armstrong to Implement 4% Price Increase on SVC Tile Products
Due to raw material costs and underlying inflation of wages, benefits, energy and transportation, Armstrong will initiate a 4% price increase in the United States and Canada on Standard Vinyl Composition Tile products, effective with shipments on Feb. 3, 2014.
Armstrong will implement a bi-annual price review for its Vinyl Composition Tile products and price changes will be evaluated and communicated to customers in May and November with effective dates of the following February and August respectively.