November 21, 2018
RE: 2019 PRICE INCREASE
Dear United Enertech Representatives and Customers,
This letter is to inform you that United Enertech is announcing a 4.0% price increase on all orders placed after December 21, 2018. If you have any large jobs that you would like us to hold the pricing on beyond this date, please send the price sheet number to email@example.com before December 21, 2018. We will only be able to hold these multipliers until January 31, 2019.
Aluminum pricing has stabilized over the past few months; however, the average aluminum price in 2018 is up nearly 20% as compared to 2017. Moreover, our extruders are increasing their conversion costs, anodizing costs, and sheet metal prices have increased due to Section 232 tariffs. In addition, record unemployment rates are making for a very tight labor market and forcing higher wage rates These factors are impacting all participants in our industry. Rest assured, we are doing everything we can to mitigate the unprecedented cost increases our company and industry have experienced over the past year.
Additionally, in 2018, United Enertech absorbed significant cost increases from our LTL/TL freight carriers as a result of increased regulations (Electronic Logging Devices), driver shortages and heavy demand. As a result, we are making small refinements to our freight pricing to recover costs associated with shipping product to distant locations. Most locations in the southeast and east of the Mississippi will not see a change however.
Thank you again for your business. Please do not hesitate to call us at
(423) 698-7715 with any questions
United Enertech Management