Armstrong announced it will delay execution of a previously announced
resilient price increase until later this year.
“The
challenges noted in our initial price announcement are real,” said Paul Murfin,
Armstrong’s vice president of sales. “Raw material and energy prices continue
to increase at an alarming rate. While we appreciate price increases are
difficult for everyone in this current economic environment, customers need to
rely on suppliers who can not only be price competitive, but can also provide
leadership in brand, product, programs, and service. Armstrong is
committed to being a complete supplier to our customers.”
Armstrong delays resilient price increase
January 29, 2010
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