Lancaster, Pa. — Citing increases in raw material costs, Armstrong said it would increase prices 4%-10% in the U.S. and Canada on solid and engineered hardwood products effective June 9.
“As with prior price increase announcements, we are taking this action after serious consideration of the alternatives and options,” said Kevin Biedermann, senior vice president of Armstrong Residential Floor Products. “However, since the last announced increase in December 2013, we have seen lumber costs continue to escalate across species and grades. 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.”