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Propex to increase prices of furnishing solutions business unit

19
Apr '10
The Furnishing Solutions Business Unit of Propex Operating Company, LLC has announced a 6% price increase for all products sold into the North American carpet, automotive, turf, furniture and bedding industries, effective May 3, 2010. This increase is primarily driven by the continued, upward trend in key raw materials, notably polypropylene resin.

"As a company we remain committed to maintaining reasonable margins that allow us to continue to invest in product technology, service and manufacturing resources to help meet customer needs," said Dave Gartshore, Vice President Sales – Furnishing Solutions.

Propex Operating Company, LLC is a global leader in the development, design, and manufacturing of brands and products that create advantages for customers. Propex's footprint covers three continents, with 11 facilities totaling over 5 million square feet of manufacturing and more than 2,000 teammates focused on the markets the company serves. Often the inventor and always the innovator, Propex has both the heritage and vision which makes it the leader in the marketplace today that will continue to grow in the future in all facets of the company's business.

Propex Operating Company LLC


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