ANN ARBOR, MI — KraftMaid(R) Cabinetry, a division of Masco Cabinetry, will increase prices by up to 12 percent on Dec. 23, due to increased raw material costs. These cost increases are driven by duties applied by the Department of Commerce and International Trade Commission on varieties of imported hardwood plywood from China, as well as inflation on a range of other raw materials including particleboard, cardboard, hard and soft lumbers. Actual price increases will vary based on cabinet configuration and options.
Anti-Dumping and Countervailing duties totaling 73.04 percent, some of which are retroactive, will be applied to all shipments of affected plywood entering the United States.
“The Anti-Dumping and Countervailing duties announced this week significantly increase raw material costs for manufacturers, such as KraftMaid Cabinetry,” said Rick Roetken, president of Masco Cabinetry. “As a consequence we regret to announce that it is necessary to increase our prices at this time.”
About KraftMaid Cabinetry
KraftMaid Cabinetry leads the semi-custom cabinetry industry in innovative product design, offering the flexibility to create a space that perfectly fits any lifestyle and budget. With a robust collection of more than 150 trend-on door styles and more than 70 furniture-quality finishes, KraftMaid products help customers create the home of their dreams. Based in Ann Arbor, Mich., KraftMaid brand cabinetry is backed by a limited lifetime warranty. For more information, visit www.kraftmaid.com.
About Masco Cabinetry
Based in Ann Arbor, Mich., Masco Cabinetry manufactures three nationally recognized cabinetry brands, KraftMaid, Merillat(R) and QualityCabinets(TM), and the DeNova(TM) countertop brand. Our company has manufacturing plants and branches/service centers located throughout the United States. Offering an unmatched selection of stylish, high-quality products at a variety of price levels, Masco Cabinetry brands are favored by builders, dealers, distributors and home centers throughout North America. A leader in environmental stewardship, Masco Cabinetry is ISO 14001 certified and has been granted an Environmental Stewardship Program certificate by the Kitchen Cabinet Manufacturers Association. The company is a division of Masco Corporation (NYSE: MAS), of Taylor, Mich., one of the world’s largest manufacturers of brand name consumer products for the home and family.
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