“We continue to experience significant increases across virtually every aspect of our operations” said Chris O’Connor.
MERCERVILLE, N.J. (PRWEB) June 05, 2018
Congoleum Corporation will initiate a 3% to 5% price increase across several categories of residential and commercial vinyl flooring products in the United States and Canada. The pricing action will go into effect in August, 2018.
“We continue to experience significant increases across virtually every aspect of our operations,” said Chris O’Connor, President and CEO of Congoleum. O’Connor continued, “Key raw materials such as resins, plasticizers and limestone have all increased and are expected to have continued upward cost pressures through the balance of the year. Raw materials increases, combined with higher energy, labor and transportation costs have, despite our best efforts, surpassed our ability to absorb their full impact.”
Since 1886 Congoleum Corporation has been committed to developing innovative flooring products that push the industry forward. Congoleum holds numerous patents for novel creations over the years, and these patents have resulted in products that are like no others in the industry.
Congoleum manufactures residential and commercial resilient products that are engineered with state-of-the-art manufacturing equipment in New Jersey and Pennsylvania and that demonstrate Congoleum’s quality and design leadership. With more than 5,000 retailers selling Congoleum products across North America, Congoleum is proud of its strong and iconic past, energized by the future and as always, unwavering in its commitment to quality, design and innovation.