Armstrong Raising Resilient, Laminate Prices

Lancaster, Pa., July 30, 2008 – Armstrong today announced that it expects to implement price increases up to 10 percent on resilient and laminate flooring this fall.

“Despite two increases this year, we have been unable to recover dramatic raw material increases, particularly in PVC resins, plasticizers and melamine. This further is compounded by increases in freight,” said vice president of sales Paul Murfin.

All products are affected, including VCT, commercial sheet vinyl, commercial wallbase, linoleum, residential sheet and tile, luxury vinyl tile, various laminate products and adhesives and floor care products.

“While the bulk of our raw materials increases are on the resilient side of our business, energy and transportation costs also are adding pressure to the hardwood segment,” Murfin continued. The specific increases will be finalized by mid-August and made effective with shipments on Sept. 15.