29 Jun 2020
We continue to see market level price erosion while all materials, especially copper, are rising.
Looking at copper alone, if we look back to April versus now, it’s up 12% and is trending into July to be up 16% compared to that same period. We’re issuing an increase to cover these cost changes. It will take effect close of business Friday, June 26th; so effective Monday morning. The price increase is to lift our levels by about 7%. For specific details, please contact your local agent.