Saturday, February 23, 2008

Tarkett Residential Raising Prices April 1

Press Release From Tarkett:

Farnham, Quebec, Canada, February 22, 2008--

Tarkett Residential said it will increase prices for its residential resilient products 5-7-percent, effective with shipments on April 1.“Due to ongoing increases in raw materials, energy and freight costs, we found it necessary to adjust our pricing,” said President Guillaume Laverdure.

Source: Floor Daily

Products affected at American Carpet Wholesalers is our Tarkett Laminate Flooring line and the Nafco Luxury Vinyl Tile brand.. Our prices for the laminate flooring line and the luxury vinyl tile line are already extremely competitive. Because our volume puchasing of the Tarkett Laminate and the Nafco Vinyl Tile, I do not foresee a major impact. We negotiate our pricing on these products in advance at American Carpet Wholesalers. I do not see a price increase to be passed on to our customers until maybe late June or early July of 2008.

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