Salem, N.J.—Mannington Mills announced it will increase prices up to 6% on all engineered wood floors, moldings and wood adhesives effective Jan. 1. “The housing market continues to recover and we are optimistic about the future of the flooring industry,” said Kim Holm, president of residential business.
“At the same time,” he explained, “we are experiencing substantial increases in log pricing, veneer costs and transportation costs. These factors necessitate this increase.”