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Tarkett announces price increase

Chagrill falls, Ohio — Tarkett announces a price increase of 3 to 8% across its residential and commercial brands.

“The persistent escalation in prices of raw materials has outpaced internal efficiency improvements that typically help offset cost volatility,” stated Jeff Buttitta, President and CEO of Tarkett North America. “Though cost-saving efforts remain a constant, these sustained increases necessitate price adjustments.”

 

The increase will take effect February 1 of 2012.