10 Aug 2021

Pressure on materials continues. We’re hit with a significant increase on aluminum to both material cost as well as a very hefty increase to the Midwest Premium and freight. We’re also hit with more steel inflation and are seeing copper trend higher than July as we move into August. Of course, we’re still faced with the many other material and non-material headwinds we’ve mentioned in our last increase. To address this, we’re issuing a price increase, effective Monday, August 9th. It represents about a 3% increase.

The new price file is GTL 8-9-21. We continue to face longer lead times, so please plan accordingly for any new orders. We continue to watch volume intake, so be aware your order will be limited to your typical average weekly demand placed with us. For specific details on any of this information, please contact your local agent.