Armstrong said will initiate an average 6 percent price increase on residential and commercial resilient sheet and tile products, beginning with shipments on October 24, 2005. In a statement, the company's vp, product management - resilient sheet, Allen Cubell said the move was necessitated by the rising price in fuel. "Persistently high oil and natural gas prices, exacerbated in the wake of Hurricane Katrina, combined with escalating transportation costs and increasing global demand, have resulted in unprecedented price escalation for key PVC based materials. The prices of oil-based raw materials and energy sources have reached new and sustained high levels. Our continuing productivity improvements cannot offset the full cost impact of these increases, making this price increase necessary."
Organizers of Surfaces 2006 said the annual meeting is on pace to be the largest gathering to date. More than 93 percent of the show floor has already been sold for the January 31 to February 3 event in Las Vegas and the number companies exhibiting is expected to surpass 1,000. "The industry seems to be more excited about Surfaces than ever," said Michelle Troop, Surfaces senior show director. "We have more exhibitors signed up than ever before at this time and attendees are registering and reserving hotel rooms faster than any previous show. It seems that everyone is ready for Surfaces and making their plans early!" For more information visit www.Surfaces.com.
Tarkett said it is combining its Tarkett Sports division with FieldTurf, a leading maker of artificial turf that was recently acquired by the company. The integration will create FieldTurf Tarkett, which will market an extensive range of sports related surfaces for both outdoors and indoors. It will be operated out of FieldTurf's Montreal office will be run by John Gilman, who was CEO of FieldTurf prior to the acquisition
Mohawk Industries said it is widening its Rewards Plus incentive program to include products in every flooring category. From Oct. 3 to Nov. 5, the "Rewards Plus Power Up" promotion will include Mohawk carpets as well select hardwood, laminate, ceramic, resilient, and cushion products from the company. In addition, Mohawk is offering special consumer financing terms to correspond with the promotion period. The Mohawk Rewards Plus program will continue running after the Power Up promotion.
Area rug maker and importer Capel Inc. has named Eric Birnbach as president and CEO. His appointment marks the first time the operation will be lead by someone other than a member of the Capel family that founded the company in 1917. The three brothers that have been overseeing the company, A. Leon Capel, Jr., Jesse S. Capel, and Arron W. E. Capel, are set to retire as executive officers effective October 1.
Citing the escalating cost of material used to make its flooring products as well as the rising cost of shipping it, Congoleum said it will increase the price on all of its commercial and residential products by four to six percent.
Increased costs in production, transportation and fuel have prompted resilient flooring maker Forbo Flooring North America to increase prices by 3 to 5 percent on its lines, effective Nov. 1.
Citing the impact of Hurricane Katrina on "an already difficult scene of rising fuel, energy and raw material costs," Mannington Mills said it will institute a 4 to 6 percent price increase across both residential and commercial resilient product lines. The increase is set to take effect beginning October 17.
As part of the effort to help those hit by Hurricane Katrina, the National Wood Flooring Association said it is organizing an "in kind" assistance program that calls for members outside the areas hit by the storm to loan tools and equipment to colleagues in Alabama, Louisiana and Mississippi.
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