Milliken in broad price increase  

Spartanburg, S.C. – Textile, carpet and chemical manufacturer Milliken & Co. has put into effect an immediate, across-the-board set of price increases of up to 15% on all products and services.

The company cited “unprecedented increases in raw materials, energy, freight, and other costs.”

“Our initial and ongoing efforts to address these challenges have been focused on resisting increases, improving our productivity, and aggressively pursuing cost avoidance and savings opportunities. However, the speed and magnitude of recent cost escalations make it impossible for us to maintain our current pricing,” said Joe Salley, president and ceo.

Milliken said the past year has seen an acceleration of long-term commodity price inflation.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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