Since our last price announcement two years ago input costs have continued to increase, including packaging, compounds, and transportation. We have worked diligently to offset these increases through optimizing our internal processes and manufacturing productivity.
Despite our efforts to mitigate these costs we are unable to do so, therefore effective January 1, 2021, a base price increase of 5-7% on selected products will be implemented on all new orders. For clarity, all orders received prior to the last business day of December 2020 for immediate shipment will be honored at the price in effect at that time. All orders for future shipment and all orders on or after January 1, 2021, will be at the new prices. LAPP refuses to compromise on quality. These actions taken will allow us to continue to provide our customers with the expected quality and service they deserve.
We appreciate your business and look forward to serving your future needs.
If you have any questions, please contact your local Sales Representative.