To Our Valued Customers:
At the close of business Monday, May 14, 2018 we will implement list price changes on various product groupings in response to manufacturers increasing prices. Most of these manufacturers have already raised their prices in the market.
Included in this price change are Ideal Hose Clamps which will be put into effect June 1, 2018.
Manufacturers all over the world are expressing the same reasons for their price increases. Raw materials, packaging, transportation and overhead are all contributing to their need for higher prices. Unfavorable foreign exchange rates with the U.S. dollar, high copper prices and U.S custom duty changes for some foreign countries are all helping drive imported gray iron, steel, plastic, rubber, brass and bronze prices higher and higher.