Tarkett Residential plans to initiate a 4 to 6 percent price increase on select products in its resilient and FiberFloor offerings. The resilient increases will take effect July 1 and the FiberFloor increases will become effective Sept. 1.

"In recent months we have absorbed cost increases because our efficiencies within the entire manufacturing and supply chains have enabled us to offset them," said Jan Lembregts, Tarkett Residential president. "However, we can no longer shoulder them alone and must adjust our pricing accordingly.

"Tarkett remains dedicated to creating and increasing efficiencies throughout our manufacturing processes and supply channels to ensure that we offer consumers competitively priced products that deliver the innovation and value they expect and deserve," he added.