June 10, 2019
Dear Valued Customer,
Material, labor and freight costs have continued to increase globally, and we have absorbed these increases over the past two years. We see this trend continuing for the foreseeable future, and as such we have no choice but to implement price increases on the majority of our products.
Effective July 10, 2019 product prices will increase as follows:
Nylon — 15%
Polyester — 10%
Polypropylene — 10%
We sincerely value the partnerships we have developed with our customers, and we do not take this action lightly.
Please know that we will proactively manage our supply chain and do everything possible to minimize any future adjustments.
Vice President of Sales