Home > News > Industry News > Glass and metal suppliers announce price increases

Glass and metal suppliers announce price increases

Post Time:Jun 07,2011Classify:Industry NewsView:63

Oldcastle BuildingEnvelope, Vitro Architectural Products and Tubelite have all announced price increases. All increases will take effect in late June, according to letters sent to customers.

Oldcastle BuildingEnvelope

In response to flat glass manufacturer price increases, Oldcastle BuildingEnvelope announced a price increase of its own. In a May 31 letter to customers obtained by Glass Magazine,COO Jim Avanzini states: "We received notice from our flat glass manufacturers that pricing on all glass products will increase 8-10 percent, effective June 23, 2011. The increase announcements cite increasing raw material and operating costs, in addition to continued challenging economic conditions despite aggressive cost-control measures.

"In response to this increase and cost increases in many other areas of our business, we will increase our selling price effective June 23, 2011, as follows:

Clear float products, including patternedglass 10 percentAll tinted products 8 percentAll coated products 8 percentAll fabrication charges (holes, edgework, etc.)10 percent"

Source: http://www.glassmagazine.com/news-item/commercial/glass-and-metal-suppliers-announce-price-increases-118264Author:

Hot News