Mannington Raising Some Resilient Prices

Salem, NJ, Sept. 28, 2010--Mannington Mills said it will raise prices 5% on all "Better" and "Best" collection residential resilient sheet products, effective with shipments on November 29.

“We continue to experience rising raw material costs, especially as they relate to plasticizers and resins," said Kim Holm, president of Residential Business.

"Due to reduced capacities, there has been a shortage of plasticizers, which has driven prices up dramatically. We are hopeful that these costs have peaked, but it will be some time before additional capacity comes on stream."

The increase will affect products in both the U.S. and Canada.