Action Engineering announces it will implement a 5% price increase on all of its products effective Feb. 17. It states it has worked hard to avoid any price increases during the pandemic but that it can no longer absorb the latest changes.
The company attributes material shortages to the increase stating, “Material availability continues to be an issue worldwide, and raw material suppliers have all pushed for multiple price increases over the last quarter: the latest came into effect in January.”
The company says it hopes the time period before the increase will allow customers to purchase what they need at its current costs.
Action Engineering closes its announcement by thanking customers for remaining supportive during these tumultuous times.
