Armstrong Raising Vinyl Prices in February

Lancaster, PA, Jan. 11, 2011 -- Armstrong said that it will raise prices 4-6% in the U.S. and Canada on select vinyl composition tile, commercial sheet vinyl and residential sheet vinyl and vinyl tile, effective with shipments on Feb. 14.

“We’ve seen sustained increases in oil prices with the economy starting to pull out of recession," said Allen Cubell, vice president, residential sales and marketing.

"This is the foundation driving our costs higher. In addition, significant manufacturing capacity for our raw materials was taken off-line during the recession compounding the problem. Energy, raw materials, and transportation costs are all rising,"