Armstrong Raising Prices on Some Vinyl, Laminate

Lancaster, PA, May 30, 2008--Armstrong World Industries said that it will increase prices 3 percent to 5 percent in the U.S. on select vinyl composition tile, commercial sheet vinyl, commercial wallbase, residential sheet tile and laminate effective July 7.

Prices for luxury vinyl tile will increase 5 percent to 10 percent.

“Surging prices for oil and natural gas have continued to drive increases in key raw material costs, particularly PVC resins and plasticizers," said Paul Murfin, vice president of sales.

"Further weakness of the U.S. dollar versus other major currencies continues to adversely impact the cost of both key raw materials and products sourced from overseas. In addition, both domestic and international transportation costs continue to rise.”