Starting on January 5, 2015, Mannington will be implementing a price increase of 4% on all of its vinyl composition tile (VCT) products. The price increase is to balance the substantial increases of the cost of raw materials and energy. Jack Ganley, the president of commercial business at Mannington, says that even though costs are rising, the commercial market is performing well and he believes it will continue to do so. He also said that Mannington will continue to look for ways to deliver innovative style, choices that work, and exceptional value to the customers.
The price increase will affect the United States and Canada.
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