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Armstrong Announces Price Increase on Resilient and Hardwood Flooring
Article Number: 5203
 
Lancaster, Pa., January 19, 2010 – Armstrong today announced that it will initiate a four to six percent price increase in the United States and Canada on select Hardwood, Commercial Sheet Vinyl, Linoleum and Residential Sheet and Tile, and an eight percent increase on Vinyl Composition Tile effective with shipments on March 15, 2010.

“As we communicated towards the end of 2009, raw materials, transportation costs and oil and other energy prices are all rising. Chemical prices have rapidly followed the movement of oil prices even though market demand is still generally weak,” commented Paul Murfin, Vice President, Sales.

“Lumber prices also are rising. Significant mill capacity was taken off-line during the recession and the impact on lumber costs in the second half of 2009 has been significant,” said Murfin.

About Armstrong World Industries, Inc.

Armstrong World Industries, Inc. is a global leader in the design and manufacture of floors, ceilings and cabinets. In 2008, Armstrong's consolidated net sales totaled approximately $3.4 billion. Based in Lancaster, Pa., Armstrong operates 37 plants in nine countries and has approximately 11,000 employees worldwide.

For more information, visit www.armstrong.com.


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Date
1/20/2010 9:51:22 AM
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