Effective June 9, Armstrong will initiate a 4-10% price increase in the United States and Canada on select solid and engineered hardwood products to address the continued increases in raw materials costs.
"As with prior price increase announcements, we are taking this action after serious consideration of the alternatives and options. However, since the last announced increase in December 2013, we have seen lumber costs continue to escalate across species and grades," said Kevin Biedermann, senior vice president, Armstrong Residential Floor Products.
"While we have continued to absorb a portion of these increased costs, this price increase is the minimum necessary to secure the raw materials required to service our valued customers and to ensure that we can continue to deliver quality, innovation and the best possible service," he said.
