On November 17, 2016 Marino\WARE announced a 10% price increase effective January 2, 2017. The full letter is below:
To: Our Valued Customers
Re: Price Increase Announcement-10% Effective January 2, 2017
Due to the successive cost increases on steel, Marino\WARE will raise prices 10% on all products effective January 2, 2017. which is already reflected by an escalator on job quotes. New price pages will be distributed by mid-December.
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 customers.