Armstrong Reconsiders, Delays Resilient Increase

 

Lancaster, PA, Jan. 28, 2010--Eight days after announcing price increases for wood, vinyl and linoleum flooring, Armstrong has decided to delay increases on resilient products until an unspecified time later this year.

Shortly after Armstrong announced earlier this months that price increases would go into effect March 15, competitor Mannington Mills said in a press release that it would not raise prices.

Armstrong did not directly address in its latest press release the reasons for its change of heart.

"The challenges noted in our initial price announcement are real," said vice president of sales Paul Murfin. 

"Raw material and energy prices continue to increase at an alarming rate.  While we appreciate price increases are difficult for everyone in this current economic environment, customers need to rely on suppliers who can not only be price competitive, but can also provide leadership in brand, product, programs, and service.  Armstrong is committed to being a complete supplier to our customers." 

 


 


Related Topics:Armstrong Flooring, Mannington Mills