by Eric Mootz on March 8, 2017

Marino\WARE Pricing Update March 2017

iStock_2475150.jpg

Share

marino_ware.jpg

On March 8, 2017 Marino\WARE announced a 10% price increase effective April 3, 2017. The full                                                             letter is below:

To: Our Valued Customers

Re: Price Increase Announcement-10% Effective April 3, 2017

Due to the rapidly increasing cost of steel, Marino\WARE will raise prices 10% on all products, effective February 13, 2017. Certain regions may be higher due to wholesale changes in how steel must now be sourced. Price pages will be distributed by March 27, which will ultimately establish the effective prices for April.

After the deep "V" in costs due to the election, steel is costlier today than at any point last year. The escalation continues beyond the former peak, as mills have added higher "extras" for coating/thickness, and higher base prices for April and beyond. We anticipate additional increase(s) will be necessary to cover these rising costs on future deliveries. 

All quotes will now reflect the following escalators: 

  • April 3, 2017 +10%
  • July 1, 2017 +5%
  • October 1, 2017 +5%

 

Marino\WARE will honor all quotations activated in accordance with the "quote activation policy" dated April 13, 2010, which can be found on our website, www.marinoware.com. We will also void any job quotes not activated with policy guidelines. In light of the recent market developments, we urge you to review the disposition of any open job quotations with your contractors. 

Thank you for your continued support!  

Sincerely, 

Mariion\WARE Sales Management Team

 

For more information about Marino\WARE products, contact Trowel Trades Supply

New Call-to-action

Reliable delivery of the Industry’s Best Products