Article Number: 2889
Mannington Announces Resilient Price Increase
SALEM, NJ January 23, 2008 Citing continued rising raw material costs, Mannington Mills, Inc., announced today that it will be implementing a price increase on all residential and commercial resilient products.
There is never a good time to pass through cost increases, but the recent run-up of raw material costs cannot be absorbed, said Kim Holm, President of Residential Business at Mannington.
Price increases will range from 5 percent to 7 percent, and will be effective with shipments on March 10, 2008.
There is never a good time to pass through cost increases, but the recent run-up of raw material costs cannot be absorbed, said Kim Holm, President of Residential Business at Mannington.
Price increases will range from 5 percent to 7 percent, and will be effective with shipments on March 10, 2008.