Farnham, Quebec, March 25--Domco will increase prices from 2 percent to 6 percent on selected resilient flooring products, effective April 1, 2005.
The move is a result of the continued escalation in raw materials and transportation costs, according to Stephan Guindon, vice president of sales and marketing, Domco.
"Today’s escalating raw materials and energy costs continue to be a major consideration in our pricing policies," said Guindon. "We analyze the situation weekly and make decisions based on our findings.
"Unfortunately, while we strive to keep all of our costs in line, we are forced to pass-along many of these costs to our customers," he added.
