Kaf-Tech Price Increase Announcement: Effective June 11, 2018
With the weakening of the dollar, as well as a possible strike at the world’s largest copper mine, copper comex has spiked by more than $0.18 in the last 4 days. This, coupled with the 10% aluminum and 25% steel tariff implementation for imports from Canada, Mexico and the EU, now in effect as of June 1st, has […]
Non-Copper Materials Cost Coverage: Effective May 25, 2018
In response to customer feedback received after the issuance of our May 8th letter, we’re facilitating the pass through of our non-copper materials costs, addressing the need to be administered at a line level in order to ease the pass through to end users. We appreciate that a need to increase prices is understood, considering […]
Announcing Retirement of CEO John Williamson; William Waltz Named Chief Operating Officer and Successor
Atkore International Group Inc. (“Atkore”) (NYSE: ATKR) announced today that John Williamson, President and Chief Executive Officer, will retire at the end of Atkore’s fiscal year on September 30, 2018. The Atkore Board of Directors approved his retirement and a leadership succession plan under which, effective immediately, William (“Bill”) Waltz…
Kaf-Tech Price Increase Announcement: Effective June 18, 2018
We continue to see dramatic rises in costs to steel, aluminum, freight and other components of our products; and this is before the impact of the Section 232 Tariffs on steel and aluminum. This necessitates an additional increase of approximately 6% to our Flex and LiquidTuff product lines. This increase will take effect Monday, June […]
Steel Tube Institute Addresses Use of Standard Rigid Couplings in Hazardous Locations
Atkore has received periodic questions on the use of our standard couplings on Rigid and IMC conduit in Class 1 Division 1 hazardous locations during the last year. Often, these questions arise in the form of requests for the explosion proof listing associated with the coupling, which does not exist.…
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Kaf-Tech Price Increase Announcement: Effective April 5, 2018
We’re all very aware that costs continue to rise. These higher costs are impacting all products. Freight costs have increased dramatically, with fuel surcharges as well as shortages in flatbed and van availability; and this, all in advance of ELD (Electronically Logged Data). Shortly, ELD will also impact freight with its enforcement, further impacting costs by putting […]
Strong Inflation Across Virtually Every Commodity and Spend Category
US industrial markets have seen positive economic growth driven by: Strengthening customer demand Lessening government regulations Increased trade actions from imports Recovering energy industry As a result of this positive economic activity, there have been downstream economic repercussions. Specifically: Steel – 5 year high; Up 20% since October 2017 Copper –…
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Atkore International Group Inc. Acquires Calpipe Industries LLC
Harvey, Illinois, October 2, 2017 / Business Wire / — Atkore International Group Inc. (“Atkore”), today announced that it has acquired Calpipe Industries, LLC., a market leader for electrical conduit systems for corrosive environments and security bollards for high security, access control and architectural environments (www.calpipe.com). “We’re excited to have…
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Atkore International Group Inc. Acquires Flexicon Limited
Harvey, Illinois, September 5, 2017 / Business Wire / — Atkore International Inc. (“Atkore”) (NYSE: ATKR), today announced that it has acquired Flexicon Limited (”Flexicon”), a leading global manufacturer of metallic and non-metallic flexible cable protection systems that carry many international and market product approvals and serves the industrial, commercial…
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The Water Side of Our Business
Atkore’s PVC brands have a significant PVC water and plumbing pipe business, which supplies plastic products for irrigation, DWV (Drain-Waste-Vent), well casing and sewer and drain systems. The Atkore water pipe business also has significant possibilities for growth. According to a 2007 EPA survey, the nationwide infrastructure need is estimated…