by Eric Mootz on February 21, 2018
Owens Corning Pricing Update February 2018
On February 19, 2018, Owens Corning announced a 9% price increase in the United States on all Loosefill insulation products effective with shipments on or after March 26, 2018. The full letter is below:
Dear Owens Corning Insulation Customer,
Owens Corning Sales, LLC (“Owens Corning”) will increase its prices 9% in the United States on all Loosefill insulation products effective with shipments on or after March 26, 2018.
Due to continued strong demand, Owens Corning will continue planned availability for Loosefill products at least through May 31, 2018. Please contact your Owens Corning sales representative to discuss what monthly Loosefill volume will be made available to you. We are asking for orders of Loosefill products to be placed for the April through June time period as described in the following table:
|Shipping Timeframe for Loosefill Products||Order by Date|
|April 1 through April 30, 2018||Orders must be placed by Monday April 9, 2018|
|May 1 through May 31 2018||Orders must be placed by Tuesday May 8, 2018|
To avoid any confusion, should we change price son any other insulation products, we will do so through a separate communication.
Order confirmations for full truckload orders with an assigned ship date prior to March 26, 2018 will receive current pricing. Less-than-full truckload orders subject to consolidated shipping on or after March 26, 2018 will receive the increased price. We will maintain fuel surcharges per the previously released schedules.
New price sheets will be issued by March 12, 2018 and your area sales manager will review the updates with you. Please reach out to your Owens Corning sales representative should you have questions.
Thank you for your continued support of Owens Corning.
Mike Swift, Vice President, North American Building Insulation
For more information about Owens Corning products, contact Trowel Trades Supply.