SALEM, NJ – JUNE 27, 2008 –
Mannington Mills announced today that it will be implementing a price increase on selected hardwood products.
“Increased raw material costs, combined with record-setting high energy and transportation prices, have adversely impacted our hardwood business,” said Kim Holm, President of Residential Business at Mannington. “We realize that there is never a good time to pass along an increase, but we can no longer absorb these escalating costs.”
The increase will become effective with shipments on August 18, 2008.