Armstrong announces price increase on resilient & laminate flooring
“As we anticipated in June, we are sustaining higher costs due to continued increases in raw material inflation beyond our previous expectation. We anticipate these higher costs to remain in place throughout 2012,” said Kevin M. Biedermann, senior vice president, Armstrong Floor Products, North America – Residential.
Armstrong has aggressively pursued manufacturing productivity improvements and cost reduction initiatives to offset higher costs, but cannot keep pace with the sustained increases that have occurred over the last 18 months.
“For all manufacturers, the cost of raw materials continues to rise at an extraordinary rate. Despite the challenge, Armstrong is well positioned to leverage our scale to ensure a profitable value proposition for our customers,” said Dominic C. Rice, vice president and general manager, Armstrong Floor Products, North America - Commercial.
Armstrong World Industries, Inc. is a global leader in the design and manufacture of floors, ceilings and cabinets. In 2010, Armstrong's consolidated net sales totaled approximately $2.8 billion. Based in Lancaster, Pa., Armstrong operates 31 plants in seven countries and has approximately 9,300 employees worldwide. For more information, visit www.armstrong.com/.
.jpg) |
Related News
Wednesday, May 8, 2024
Just because Turkey has been producing ceramic tile for over 8,000 years, and currently is the 4th largest tile producing country in the world... doesn't mean the nation should rest on its...read more
Turkishceramics will be showcasing its newest products during Coverings 2018 in Atlanta, May 8-11 at the Georgia World Congress Center. These will include tile products beautifully emulating stone, wood and...read more
Boca Raton, FL – April 18, 2017 – Q.E.P. Co., Inc. today announced it completed the acquisition of AC Products Co. of Apple Creek, Ohio, a prime manufacturer of ceramic bathroom accessories...read more
(FLOWOOD, MS – April 12, 2017) The National Tile Contractors Association's (NTCA) presented Martin Howard of the David Allen Company in Raleigh, North Carolina with the 2016 Tile Person of the Year award. With more than 36 years of experience in the construction industry, Martin is a...read more
King of Prussia, PA (PRWEB) April 11, 2017 - City Floor Supply(CFS), the nation’s leading hardwood flooring distributor, held their annual “Nailer Day” event on March 16, 2017. Contractors and vendors came out in record numbers to test their skills and network with other flooring professionals. Representatives from all the top manufacturers were in attendance and...read more
SUNRISE, FLORIDA – March 28, 2017 – South Florida-based marketing technology innovator SproutLoud announced they are now managing Mohawk Flooring's Co-Op Claims and Reimbursement process for 5,000 of Mohawk's local dealers. The world's largest flooring company, Mohawk is renowned for innovation and leadership. SproutLoud, a recognized leader in Channel Marketing, gives Brands the intelligence to simplify...read more