Armstrong November 2008 Price Increase Ceilings

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Product update provided by Armstrong Corporation:

In July, we provided you with a cost advisory that described the dynamics driving raw material inflation.  While energy prices have moderated, continued inflation in other raw material costs require the following increases, effective with shipments on November 3,  2008:
 
8% on fiberglass products
12% on mineral fiber products
 
We appreciate your support and value the business we do together.  
 
For Commercial customers:
 
Please use the following escalators for projects you quote into 2008.  Escalators are
guidelines, not commitments.

• Commercial Ceilings and Architectural Specialties price escalators
• +5% for quotes on or after May 1, 2009
• +5% for quotes on or after Nov 1, 2009