Armstrong will initiate a four to six percent price increase in the United States and Canada on select hardwood, commercial sheet vinyl, linoleum and residential sheet and tile, and an eight percent increase on vinyl composition tile, effective with shipments on March 15, 2010.
communicated towards the end of 2009, raw materials, transportation costs and
oil and other energy prices are all rising. Chemical prices have rapidly
followed the movement of oil prices even though market demand is still generally
weak,” said Paul Murfin, Armstrong’s vice president of sales.
prices also are rising. Significant mill capacity was taken off-line
during the recession and the impact on lumber costs in the second half of 2009
has been significant,” said Murfin.
Armstrong to increase prices on resilient, hardwood flooring
January 20, 2010