Tarkett Residential announced an increase in prices for its resilient floor products, including FiberFloor, vinyl sheet and Nafco Luxury Floors. The company will increase prices by 6 percent, effective July 1, 2010.
“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 NA. “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.”