Tarkett raises residential product prices

Home Inside FCNews Tarkett raises residential product prices

Chagrin Falls, Ohio—On May 25, Tarkett Residential announced it would implement a price increase on all resilient flooring products, including FiberFloor, vinyl sheet and Nafco branded floors. Increases of 6% will go into effect July 1, one month after the commercial price raise is executed.

Tarkett attributed the change to rising cost of materials, as cost cutting measures and internal expense reduction no longer sufficiently absorbed costs.

“The escalating costs of raw materials, transportation and energy needed in the manufacture of flooring are the drivers of this current price increase,” said Bill Cralley, president of Tarkett Residential, North America. “We are sensitive to raising our customers’ prices just as the economy shows signs of recovery, but the increases from our suppliers are so significant that we have no other option but to pass on a portion of the increase.”

Must Read

Carpet: Better goods equal higher profit margins

By Ken Ryan While carpet’s footprint in the home has shrunk in the past decade, the trend has allowed better, higher-end goods to thrive within...

Mohawk Group unveils DesignFWD schedule, speaker lineup

Calhoun, Ga.—Mohawk Group has officially announced the speaker lineup and schedule for its inaugural Design Forward Virtual Summit, styled DesignFWD, which takes place exclusively...

Wood: Canadian suppliers look to carve out their own niche

By Reginald Tucker Some suppliers tout a high level of product quality and attention to manufacturing details; others cite innovations in staining and finishing technologies...

Schönox adds new online training sessions

Schönox HPS North America, Inc. offers technical training and seminars that provide opportunities to learn about the full range of our products, installation tips,...

Ardex recognized at 2020 Starnet Design Awards

Aliquippa, Pa.—Ardex Americas was recognized at the 2020 Starnet Commercial Flooring Design Awards across several different categories. This year's awards drew nearly 40 applications...

Ceramic: Ties to fashion, interiors inspire tile design

By Megan Salzano Fashion and home trends have long inspired tile design. In fact, tile’s ties to these industries can be traced back centuries while...
X