Action Floor Systems, a supplier of hardwood maple sports floor systems, has announced a price increase of 5 to 7 percent on all maple flooring effective Dec. 16, 2013, according to company president Tom Abendroth.
“Lumber costs have increased dramatically during the past two years due to constrained supply and greater market demand,” Abendroth states. “Increasing our pricing at this time is necessary to maintain the level of product quality and service our customers expect and to continue our commitments to new product development and sustainable forests. If lumber prices continue to rise, and we think they will, additional increases may be necessary.”
A good barometer to know what to expect going forward is the Hardwood Market Report, which is an authority on reporting lumber pricing around the country.