Flooring Contractor Inc.

Mannington Mills has announced that it will implement a 5-percent price increase on all ‘Better’ and ‘Best’ collection residential resilient sheet products. “We continue to experience rising raw material costs, especially as they relate to plasticizers and resins. Due to reduced capacities, there has been a shortage of plasticizers, which has driven prices up dramatically.

The Feds opened the door to more easing at its last gathering on Aug. 10 when it announced it would resume purchases of longer-term Treasury securities to prevent its portfolio from shrinking as the mortgage-linked debt it holds matures. Ben Bernanke said late last month that the central bank was ready to provide more stimulus if needed, but that policymakers would only act if the outlook deteriorated significantly.