Mannington Raising Engineered Hardwood Prices
Salem, NJ, Nov. 19, 2012 -- Mannington Mills said it will increase prices up to 6% on all engineered wood floors effective with shipments on Dec. 17.
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Mannington said that increases in log pricing, veneer costs, and transportation costs have made the increase necessary.
“We are experiencing dramatic increases in raw material pricing , which have driven our costs up to a point where passing along a price increase can no longer be avoided,” said Kim Holm, president, Residential Business.
“We continue to be optimistic about the economic recovery and the future of our industry,” Holm said.